Graham (NYSE:GHM) Stock Passes Above 200-Day Moving Average - Should You Sell?

Graham Corporation (NYSE:GHM - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $45.83 and traded as high as $61.84. Graham shares last traded at $61.72, with a volume of 73,332 shares traded.

Analyst Ratings Changes

Several research firms have commented on GHM. Maxim Group raised shares of Graham to a "buy" rating and set a $65.00 target price on the stock in a research report on Wednesday, July 2nd. Northland Securities began coverage on shares of Graham in a research report on Monday, June 23rd. They set an "outperform" rating and a $55.00 target price on the stock. Northland Capmk raised shares of Graham to a "strong-buy" rating in a research report on Monday, June 23rd. Zacks Research downgraded shares of Graham from a "strong-buy" rating to a "hold" rating in a research report on Monday, October 6th. Finally, Weiss Ratings downgraded shares of Graham from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, Graham currently has a consensus rating of "Moderate Buy" and an average target price of $60.00.

Graham Stock Up 3.4%

The company has a market capitalization of $677.63 million, a price-to-earnings ratio of 48.98 and a beta of 0.96. The company has a 50-day moving average price of $52.54 and a 200-day moving average price of $45.83.

Graham (NYSE:GHM - Get Free Report) last released its earnings results on Tuesday, August 5th. The industrial products company reported $0.45 earnings per share for the quarter, topping analysts' consensus estimates of $0.25 by $0.20. Graham had a return on equity of 12.83% and a net margin of 6.43%.The business had revenue of $55.49 million for the quarter, compared to the consensus estimate of $55.53 million. Graham has set its FY 2026 guidance at EPS. Equities analysts expect that Graham Corporation will post 1.07 EPS for the current fiscal year.

Institutional Investors Weigh In On Graham

A number of institutional investors have recently added to or reduced their stakes in the company. Police & Firemen s Retirement System of New Jersey raised its position in Graham by 15.0% in the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 2,371 shares of the industrial products company's stock worth $117,000 after purchasing an additional 310 shares during the last quarter. BNP Paribas Financial Markets raised its position in Graham by 62.8% in the 2nd quarter. BNP Paribas Financial Markets now owns 1,063 shares of the industrial products company's stock worth $53,000 after purchasing an additional 410 shares during the last quarter. Auto Owners Insurance Co raised its position in Graham by 4.8% in the 2nd quarter. Auto Owners Insurance Co now owns 11,000 shares of the industrial products company's stock worth $545,000 after purchasing an additional 500 shares during the last quarter. Blue Trust Inc. bought a new position in Graham in the 3rd quarter worth approximately $28,000. Finally, Algert Global LLC raised its position in Graham by 7.4% in the 1st quarter. Algert Global LLC now owns 8,498 shares of the industrial products company's stock worth $245,000 after purchasing an additional 588 shares during the last quarter. 69.46% of the stock is owned by institutional investors and hedge funds.

About 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, 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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