Graham Co. (NYSE:GHM – Get Rating) was the recipient of a significant increase in short interest during the month of October. As of October 31st, there was short interest totalling 37,200 shares, an increase of 5.1% from the October 15th total of 35,400 shares. Based on an average daily trading volume, of 23,000 shares, the short-interest ratio is presently 1.6 days. Currently, 0.4% of the shares of the stock are short sold.
Graham Trading Up 1.4 %
Shares of NYSE:GHM opened at $10.00 on Friday. Graham has a 52-week low of $6.51 and a 52-week high of $13.97. The business’s 50 day moving average is $8.87 and its 200 day moving average is $8.20. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.43 and a quick ratio of 1.13.
Analyst Upgrades and Downgrades
GHM has been the topic of several analyst reports. Litchfield Hills Research reissued a “buy” rating on shares of Graham in a research note on Wednesday, November 9th. StockNews.com began coverage on shares of Graham in a research note on Wednesday, October 12th. They set a “hold” rating for the company. Two research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $15.00.
Institutional Trading of Graham
Graham Corporation, together with its subsidiaries, designs and manufactures fluid, power, heat transfer, and vacuum equipment for chemical and petrochemical processing, defense, space, petroleum refining, cryogenic, energy, and other industries. It offers power plant systems comprising ejectors and surface condensers; torpedo ejection and power systems, such as turbines, alternators, regulators, pumps, and blowers; and thermal management systems, including pumps, blowers, and electronics for defense sector.
- Get a free copy of the StockNews.com research report on Graham (GHM)
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