Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Graham Corp before investing.

In this article, we go over a few key elements for understanding Graham Corp’s stock price such as:

• Graham Corp’s current stock price and volume
• Why Graham Corp’s stock price changed recently
• Upgrades and downgrades for GHM from analysts
• GHM’s stock price momentum as measured by its relative strength

About Graham Corp (GHM)

Before we jump into Graham Corp’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Graham Corporation is engaged in the design and manufacture of mission critical fluid, power, heat transfer and vacuum technologies for the defense, space, energy, and process industries. For the defense industry, its equipment is used in nuclear and non-nuclear propulsion, power, fluid transfer, and thermal management systems. For the space industry, its equipment is used in propulsion, power, and energy management systems and for life support systems. For the chemical and petrochemical industries, its equipment is used in fertilizer, ethylene, methanol, and downstream chemical facilities. It manufactures critical, custom-engineered products, including power plant systems, torpedo ejection and power systems, power generation systems, chemical and petrochemical processing, and cooling systems, heat transfer and vacuum systems, molten salt reactor development, downstream petrochemical plants, superconducting cable and magnet cooling and conventional oil refining, among others.

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Graham Corp’s Stock Price as of Market Close

As of March 22, 2024, 4:00 PM, CST, Graham Corp’s stock price was $26.85.

Graham Corp is up 6% from its previous closing price of $25.33.

During the last market session, Graham Corp’s stock traded between $25.07 and $25.59. Currently, there are 10.78 million shares of Graham Corp stock available for purchase.

Graham Corp’s price-earnings (P/E) ratio is currently at 99.7, which is high compared to the Industrial Machinery & Equipment industry median of 28.8. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Graham Corp Stock Price History

Graham Corp’s (GHM) price is currently up 13.34% so far this month.

During the month of March, Graham Corp’s stock price has reached a high of $27.24 and a low of $23.29.

Over the last year, Graham Corp has hit prices as high as $25.59 and as low as $10.77. Year to date, Graham Corp’s stock is up 179.11%.

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What Caused Graham Corp Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of March 21, 2024, there was 1 analyst who downgraded Graham Corp’s stock and 1 analyst who upgraded over the last month.

Additionally, you'll want to evaluate Graham Corp’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Graham Corp’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Graham Corp’s current valuation based on AAII’s Value Grade is a D, which means it is considered to be Expensive.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Graham Corp (GHM) by visiting AAII Stock Evaluator.

Relative Price Strength of Graham Corp

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of March 21, 2024, Graham Corp has a weighted four-quarter relative price strength of 12.86%, which translates to a Momentum Score of 89 and is considered to be Very Strong.

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Graham Corp Stock Price: Bottom Line

As of March 22, 2024, Graham Corp’s stock price is $26.85, which is up 6% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Graham Corp stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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