OVERSTOCK COM INC (NYSE: OSTK) stock enjoyed a major increase of 14.2% on 8/15/24. The shares closed at $10.61. Moreover, trading volume in this advance was above average at 140% of normal. The stock has been extremely weak relative to the market over the last nine months but has risen 6.8% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, OSTK is expected to continue to be Value Creation neutral.
OVERSTOCK COM INC has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. OVERSTOCK COM INC has a poor Appreciation Score of 29 and a very low Power Rating of 2, resulting in the Lowest Value Trend Rating.
Rating Review
In light of this very positive 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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