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The Shyft Group Inc
Company Overview: The Shyft Group, Inc. (NASDAQ: SHYF) engages in vehicle manufacturing and assembly for the commercial and retail vehicle industries as well as for the emergency response and recreational vehicle markets.
As per our previous US Daily Report published on ‘SHYF’ on 15th March 2024, Kalkine provided an ‘Speculative Buy’ stance on the stock at USD 10.74 based on “decent fundamentals, dividend yield and distribution, associated risks, other key financial and operating highlights, and valuation” and the stock price has now moved by ~45.72% since then and has attained resistance 1 and resistance 2.
Noted below are the details of support and resistance levels provided in our previous report:
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