StockNews.com began coverage on shares of Graham (NYSE:GHM – Get Rating) in a report issued on Thursday morning. The firm issued a buy rating on the industrial products company’s stock.
Separately, TheStreet upgraded Graham from a d rating to a c- rating in a research report on Monday, February 6th.
Graham Stock Down 3.2 %
Shares of Graham stock opened at $13.85 on Thursday. The company has a current ratio of 1.31, a quick ratio of 1.03 and a debt-to-equity ratio of 0.12. The business’s 50 day simple moving average is $12.15 and its 200-day simple moving average is $10.27. Graham has a twelve month low of $6.51 and a twelve month high of $14.66.
Institutional Trading of Graham
Several large investors have recently added to or reduced their stakes in GHM. Rockefeller Capital Management L.P. acquired a new stake in Graham in the 4th quarter valued at approximately $52,000. WNY Asset Management LLC acquired a new stake in Graham in the 3rd quarter valued at approximately $92,000. Auto Owners Insurance Co acquired a new stake in Graham in the 4th quarter valued at approximately $106,000. LPL Financial LLC acquired a new stake in Graham in the 4th quarter valued at approximately $114,000. Finally, O Shaughnessy Asset Management LLC acquired a new stake in Graham in the 4th quarter valued at approximately $122,000. 64.47% of the stock is currently owned by institutional investors and hedge funds.
Graham Company Profile
Graham Corp. engages in the design, manufacture, and sale of equipment for the energy, defense, chemical, and petrochemical industries. Its products include surface condensers, ejector, heliflow spiral tube heat exchangers, desuperheaters, and mircromix water heaters. The company was founded on March 7, 1983 and is headquartered in Batavia, NY.
- Get a free copy of the StockNews.com research report on Graham (GHM)
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