Graham was brought to our attention for the first time by the analysts working at StockNews.com, who presented their findings in a research report distributed on Thursday.
The organization has suggested to its members that they “buy” the company’s shares that specialize in industrial products.
On the Monday after the holiday, February 6th, Graham (NYSE: GHM) released the most recent quarterly results report that it had produced.
The industrial products company reported earnings per share (EPS) of $0.03 for the quarter, which was $0.13 higher than the consensus estimate of $0.10.
The average estimate for the quarter was $0.10. Graham had a return on equity profitable of 0.64 percentage points, but the company’s net margin was unprofitable by 0.38 percentage points.
The company’s sales for the quarter came in at $39.87 million, which is substantially higher than the general projection of $30.00 million that market analysts made. When compared, the corporation recorded a loss of $0.27 per share during the same quarter of the previous year.
On Thursday, the NYSE GHM started trading for $14.07 per share. On the simple moving average for the past fifty days, the company’s price is trading at $11.86, while on the simple moving average for the past two hundred days, it is trading at $10.19.
A price-to-earnings ratio of -234.50 has been assigned to the company’s stock, and its beta value is 0.49.
The total value of the company’s shares on the market equals 149.70 million dollars.
The current ratio to the quick ratio is 1.31; the current ratio to the quick ratio is 1.03; and the debt to equity ratio is 0.12%. Graham reached an all-time high of $14.66 over the past 52 weeks, while his all-time low was $6.51.
In other news, a research study published by TheStreet on Monday, February 6th, raised the rating that it had previously assigned to Graham’s stock from “d” to “c-.” The rating had previously been “d.”
Because of recent occurrences, significant investors have adjusted or decreased the percentage of the company they own due to their actions.
During the last three months of the year, Rockefeller Capital Management L.P. spent $52,000 to acquire an additional position in Graham. WNY Asset Management LLC invested $92,000 during the third quarter to increase its holdings in Graham, which led to the establishment of a new stake in the company.
Auto-Owners Insurance Company spent $106,000 during the final three months of 2018 to fill a newly created position in Graham.
LPL Financial LLC spent 114 000 dollars purchasing an investment in Graham during the fourth quarter of the fiscal year. O’Shaughnessy Asset Management LLC acquired a new position in Graham stock with a total value of $122,000 over the final three months of 2018. Hedge funds and other institutional investors currently hold company shares for a combined total of 64.47%.
Is involved in producing and distributing a wide range of products, some of which are utilized in energy, defense, chemical, and petrochemical manufacturing.
This particular company produces a wide variety of products, some of which include surface condensers, ejectors, desuperheaters, help flow spiral tube heat exchangers, and Micromax water heaters.
The current location of the company’s headquarters, established on March 7th, 1983, is in Batavia, which is found in New York.
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