Recent extremely meaningful positive changes in investment behavior have benefitted Live Ventures Inc (NASDAQ: LIVE): its shorter term price trend turned up, its longer term price trend turned up, and the stock rose on very heavy volume.
Live Ventures Inc (NASDAQ: LIVE). Small positive changes in fundamentals have recently occurred: significant quarterly earnings acceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of D. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be in line with the cost of capital, LIVE is expected to be Value Creation neutral.
Live Ventures has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Live Ventures has a neutral Power Rating of 43 and a neutral Appreciation Score of 42, with the Negative Value Trend Rating the result.
Recent Price Action
Live Ventures Inc (NASDAQ: LIVE) stock closed at $27.59 on 3/7/24 after a very large increase of 5.6%. Moreover, this advance was accompanied by exceptionally high trading volume at 237% of normal. The stock has performed in line with the market over the last nine months and has risen 8.2% during the last week.
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