AudioEye Inc (NASDAQ: AEYE) stock closed at $5.12 on 12/27/23 after a major increase of 14.0%. Moreover, this advance was accompanied by unusually high trading volume at 162% of normal. Relative to the market the stock has been weak over the last nine months but has risen 24.3% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, AEYE is expected to be Value Creation neutral.
AudioEye has a current Value Trend Rating of F (Lowest Rating). This rating combines complementary signals from two proprietary PTR measures of a stock’s attractiveness. AudioEye has a slightly negative Power Rating of 37 and a very low Appreciation Score of 7, triggering the Lowest Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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