AudioEye Inc (NASDAQ: AEYE) stock enjoyed a major increase of 28.8% on 4/9/24. The shares closed at $12.07. Moreover, trading volume in this advance was exceptionally high at 724% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 25.3% during the last week.
Current PriceTarget Research Rating
AEYE’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to be a major Value Builder.
AudioEye has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. AudioEye has a neutral Appreciation Score of 43 but a very high Power Rating of 96, resulting in the Positive Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
Be the first to comment