Alert: Major Price Advance (1/9/24)-Vince Holding Corp (NYSE: VNCE).

out_logo_500#71917.jpg

On 1/9/24, Vince Holding Corp (NYSE: VNCE) stock enjoyed a major increase of 20.3%, closing at $4.20. Moreover, trading volume in this advance was unusually high at 167% of normal. The stock has risen 21.4% during the last week but has been extremely weak relative to the market over the last nine months.

out_mm#71917.jpg

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be in line with the cost of capital, VNCE is expected to be Value Creation neutral.

Vince Holding has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Vince Holding has a very low Appreciation Score of 10 and a very low Power Rating of 9, producing 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.

Be the first to comment

Leave a Reply

Your email address will not be published.


*