Recent exceptional positive changes in investment behavior have benefitted Interactive Brokers Group Inc (NASDAQ: IBKR): its shorter term price trend turned up, the stock’s recent price rise disrupted its longer term downtrend, positive upside/downside volume developed, and the stock rose on very heavy volume.
Interactive Brokers Group Inc (NASDAQ: IBKR) has benefited from minimal positive changes in fundamentals: significant quarterly earnings acceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
IBKR’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Interactive Brokers Group has a current Value Trend Rating of C (Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Interactive Brokers Group has a slightly negative Appreciation Score of 37 but a good Power Rating of 73, with the Neutral Value Trend Rating the result.
Recent Price Action
On 1/3/24, Interactive Brokers Group Inc (NASDAQ: IBKR) stock enjoyed a large increase of 2.5%, closing at $86.63. Moreover, trading volume in this advance was exceptionally high at 201% of normal. Relative to the market the stock has been strong over the last nine months and has risen 5.5% during the last week.
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