Identiv Inc (NASDAQ: INVE) stock closed at $4.46 on 5/9/24 after a major decline of -11.0%. Moreover, exceptionally high trading volume at 288% of normal accompanied the decline. Relative to the market the stock has been weak over the last nine months and has declined -11.0% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, INVE is expected to be a modest Value Builder.
Identiv has a current Value Trend Rating of F (Lowest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Identiv has a slightly negative Power Rating of 39 and a poor Appreciation Score of 24, triggering the Lowest Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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