On 3/5/24, Viavi Solutions Inc (NASDAQ: VIAV) stock enjoyed a major increase of 12.5%, closing at $10.95. Moreover, exceptionally high trading volume at 337% of normal accompanied the advance. The stock has risen 13.9% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, VIAV is expected to continue to be a major Value Builder.
Viavi Solutions has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Viavi Solutions has a poor Power Rating of 19 and a poor Appreciation Score of 17, and the Lowest Value Trend Rating results.
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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