Alert: Negative Investment Signals (5/13/19)-Yelp Inc (NYSE: YELP)

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Extremely important negative changes in investment behavior have recently occurred for Yelp Inc (NYSE: YELP): the stock’s recent price decline challenged its longer term uptrend, its shorter term price trend turned down, the stock fell on very heavy volume, and its longer term price trend turned down.

In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.

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Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, YELP is expected to continue to be an important Value Builder.

Yelp has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Yelp has a slightly positive Appreciation Score of 66 and a neutral Power Rating of 42, triggering the Neutral Value Trend Rating.

Recent Price Action

Yelp Inc (NYSE: YELP) stock closed at $31.56 on 5/13/19 after a very large decline of -7.2%. Moreover, trading volume in this decline was exceptionally high at 320% of normal. The stock has been weak relative to the market over the last nine months and has declined -23.0% during the last week.

About John Lafferty 35825 Articles
During his career, John has developed valuation and stock rating methodologies, managed institutional portfolios and mutual funds, and provided equity research to institutional investors on thousands of companies. He has been Director of Research at PTR since its inception in 2004.

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