Graham (NYSE:GHM) Now Covered by StockNews.com

StockNews.com began coverage on shares of Graham (NYSE:GHMGet Rating) in a note issued to investors on Sunday. The firm set a “hold” rating on the industrial products company’s stock.

Several other analysts also recently commented on GHM. Maxim Group reduced their price objective on Graham from $17.00 to $15.00 and set a “buy” rating for the company in a research note on Tuesday, February 8th. Zacks Investment Research raised Graham from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 12th. TheStreet downgraded Graham from a “c-” rating to a “d+” rating in a report on Friday, February 11th. Finally, Colliers Securities downgraded Graham from a “buy” rating to a “neutral” rating in a research note on Tuesday, February 8th. Three analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $14.18.

GHM opened at $7.32 on Friday. The stock has a market capitalization of $77.87 million, a price-to-earnings ratio of -10.93 and a beta of 0.77. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.47 and a quick ratio of 1.17. The business has a fifty day moving average price of $7.57 and a 200 day moving average price of $9.92. Graham has a 12 month low of $7.12 and a 12 month high of $15.54.

Large investors have recently bought and sold shares of the company. Cooper Haims Advisors LLC boosted its position in Graham by 21.4% in the first quarter. Cooper Haims Advisors LLC now owns 28,387 shares of the industrial products company’s stock valued at $219,000 after buying an additional 5,000 shares in the last quarter. Diamond Hill Capital Management Inc. grew its position in Graham by 174.9% in the first quarter. Diamond Hill Capital Management Inc. now owns 29,732 shares of the industrial products company’s stock valued at $229,000 after purchasing an additional 18,915 shares in the last quarter. State Street Corp grew its position in Graham by 4.8% in the first quarter. State Street Corp now owns 36,093 shares of the industrial products company’s stock valued at $278,000 after purchasing an additional 1,666 shares in the last quarter. American Capital Management Inc. lifted its stake in Graham by 9.1% in the fourth quarter. American Capital Management Inc. now owns 30,350 shares of the industrial products company’s stock valued at $378,000 after acquiring an additional 2,520 shares during the last quarter. Finally, US Bancorp DE lifted its stake in Graham by 9,940.2% in the third quarter. US Bancorp DE now owns 35,241 shares of the industrial products company’s stock valued at $437,000 after acquiring an additional 34,890 shares during the last quarter. Institutional investors own 69.52% of the company’s stock.

Graham Company Profile (Get Rating)

Graham Corporation, together with its subsidiaries, designs, manufactures, and supplies vacuum and heat transfer equipment for the chemical, defense, petrochemical, petroleum refining, power generation/alternative energy, and other industries. It offers heat transfer equipment, including surface condensers, heliflows, water heaters, and various types of heat exchangers, as well as custom-engineered ejectors; vacuum equipment, such as steam jet ejector vacuum systems and liquid ring vacuum pumps; and turbomachinery products for the aerospace, cryogenic, defense, and energy markets.

Featured Articles

Receive News & Ratings for Graham Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Graham and related companies with MarketBeat.com's FREE daily email newsletter.