Acorn International Inc (NYSE: ATV)

ALERT – MAJOR PRICE DECLINE

Major Price Decline

Acorn International Inc (NYSE: ATV) stock suffered a major decline of -10.5% on 7/31/18. The shares closed at $22.75. However, trading volume in this decline was unusually low at 57% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -6.0% during the last week.

Current PriceTarget Research Rating

With future capital returns forecasted to be in line with the cost of capital, ATV is expected to be Value Creation neutral.

Acorn has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Acorn has a neutral Appreciation Score of 51 but a very high Power Rating of 91, leading to the Positive Value Trend Rating.

Rating Review

In light of this highly negative price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.