RCI Hospitality Holdings Inc (NASDAQ: RICK) stock enjoyed a major increase of 14.6% on 7/11/24. The shares closed at $44.14. Moreover, this advance was accompanied by exceptionally high trading volume at 262% of normal. The stock has risen 7.8% during the last week but has been extremely weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, RICK is expected to continue to be a Value Builder.
RCI Hospitality Holdings has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. RCI Hospitality Holdings has a good Appreciation Score of 76 but a very low Power Rating of 15, and the Low Neutral Value Trend Rating results.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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