Activision Blizzard Inc (NASDAQ: ALIM) has benefited from exceptional positive changes in investment behavior: its shorter term price trend turned up, and the stock’s recent price rise disrupted its longer term downtrend.
Recent important positive changes in fundamentals have benefitted Activision Blizzard Inc (NASDAQ: ALIM): the consensus estimate for December, 2025 increased significantly, and the consensus estimate for December, 2024 increased significantly.
In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
ALIM is expected to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Alimera Sciences has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Alimera Sciences has a slightly negative Appreciation Score of 32 but a slightly positive Power Rating of 62, with the Low Neutral Value Trend Rating the result.
Recent Price Action
Activision Blizzard Inc (NASDAQ: ALIM) stock rose slightly by 0.3% on 4/30/24. The stock closed at $3.68. However, exceptionally low trading volume at 21% of normal accompanied the advance. The stock has risen 4.0% during the last week and has been strong relative to the market over the last nine months.
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