StockNews.com upgraded shares of Graham (NYSE:GHM – Free Report) from a hold rating to a buy rating in a research report released on Saturday.
Graham Price Performance
NYSE:GHM opened at $29.03 on Friday. The business’s 50-day moving average is $26.38 and its two-hundred day moving average is $21.22. Graham has a 12 month low of $10.77 and a 12 month high of $34.72. The firm has a market capitalization of $314.34 million, a PE ratio of 111.65 and a beta of 0.60.
Graham (NYSE:GHM – Get Free Report) last announced its earnings results on Monday, February 5th. The industrial products company reported $0.02 earnings per share for the quarter, beating the consensus estimate of ($0.04) by $0.06. The company had revenue of $43.82 million during the quarter, compared to the consensus estimate of $37.88 million. Graham had a return on equity of 2.73% and a net margin of 1.52%. During the same period last year, the firm earned $0.03 earnings per share.
Institutional Trading of Graham
Graham Company Profile
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, including ejectors and surface condensers; torpedo ejection, propulsion, and power systems, such as turbines, alternators, regulators, pumps, and blowers; and thermal management systems comprising pumps, blowers, and drive electronics for defense sector.
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