Libbey Inc. (NYSEAMERICAN: LBY) stock closed at $3.45 on 9/27/19 after a major increase of 15.8%. Moreover, exceptionally high trading volume at 405% of normal accompanied the advance. The stock has risen 22.8% during the last week but has been extremely weak relative to the market over the last nine months.
Current PriceTarget Research Rating
LBY is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Libbey has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Libbey has a good Appreciation Score of 81 but a very low Power Rating of 2, leading to the Negative Value Trend Rating.
In light of this very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.