Alert: Major Price Advance (8/15/24)-Five Below Inc (NASDAQ: FIVE).

out_logo_500#69162.jpg

On 8/15/24, Five Below Inc (NASDAQ: FIVE) stock enjoyed a major increase of 10.2%, closing at $75.33. Moreover, trading volume in this advance was above average at 146% of normal. The stock has been extremely weak relative to the market over the last nine months but has risen 15.9% during the last week.

out_mm#69162.jpg

Current PriceTarget Research Rating

FIVE’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.

Five Below has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Five Below has a good Appreciation Score of 74 but a very low Power Rating of 1, resulting in the Negative Value Trend Rating.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.

Be the first to comment

Leave a Reply

Your email address will not be published.


*