AudioEye Inc (NASDAQ: AEYE) stock closed at $6.74 on 3/5/24 after a major decline of -14.9%. Moreover, trading volume in this decline was exceptionally high at 204% of normal. The stock has performed in line with the market over the last nine months and is unchanged during the last week.
Current PriceTarget Research Rating
AEYE is expected to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
AudioEye has a current Value Trend Rating of D (Negative). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. AudioEye has a very low Appreciation Score of 4 but a slightly positive Power Rating of 63, with the Negative Value Trend Rating the result.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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