Alert: Positive Investment/Fundamental Signals (5/7/24)-Tile Shop Holdings Inc (NASDAQ: TTSH)

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Tile Shop Holdings Inc (NASDAQ: TTSH). Extremely important positive changes in investment behavior have recently occurred: its shorter term price trend turned up, and positive upside/downside volume developed.

Tile Shop Holdings Inc (NASDAQ: TTSH). Notable positive changes in fundamentals have recently occurred: significant quarterly earnings acceleration occurred, and the stock’s power rating rose above 70.

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.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be above the cost of capital, TTSH is expected to continue to be a modest Value Builder.

Tile Shop Holdings has a current Value Trend Rating of C (Low Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Tile Shop Holdings has a poor Appreciation Score of 20 but a good Power Rating of 73, with the Low Neutral Value Trend Rating the result.

Recent Price Action

Tile Shop Holdings Inc (NASDAQ: TTSH) stock declined by -2.1% on 5/7/24. The shares closed at $6.88. However, trading volume in this decline was exceptionally low at 41% of normal. Relative to the market the stock has been strong over the last nine months and has risen 2.8% during the last week.

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