Zacks Investment Research reported on Graham Corporation (NYSE:GHM), stepping up its target to $21.00 earlier today
- Updated: September 28, 2016
Just yesterday Graham Corporation (NYSE:GHM) traded -0.84% lower at $18.83. Graham Corporation’s 50-day moving average is $18.75 and its 200-day moving average is $18.73. With the last close up 0.54% relative to the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same time. 23,175 shares of Graham Corporation exchanged hands, up from an average trading volume of 17,859
Indicating a possible upside of 0.12%, Zacks Investment Research bumped up the target of Graham Corporation (NYSE:GHM) to $21.00
With a total market value of $0, Graham Corporation has price-earnings ratio of 48.28 with a one year low of $14.39 and a one year high of $21.09 .
More About Graham Corporation (NYSE:GHM)
Graham Corporation designs, manufactures and sells critical equipment for the energy, defense and chemical/petrochemical industries. The Company designs and manufactures custom-engineered ejectors, vacuum pumping systems, surface condensers and vacuum systems. It is a nuclear code accredited fabrication and specialty machining company. It supplies components used inside reactor vessels and outside containment vessels of nuclear power facilities. Its equipment is found in applications, such as metal refining, pulp and paper processing, water heating, refrigeration, desalination, food processing, pharmaceutical, heating, ventilating and air conditioning. For the defense industry, its equipment is used in nuclear propulsion power systems for the United States Navy. The Company's products are used in a range of industrial process applications in energy markets, including petroleum refining, defense, chemical and petrochemical processing, power generation/alternative energy and other.
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