On 9/6/24, Lantronix Inc (NASDAQ: LTRX) stock enjoyed a major increase of 11.1%, closing at $3.70. Moreover, trading volume in this advance was exceptionally high at 484% of normal. Relative to the market the stock has been extremely weak over the last nine months but has risen 3.4% during the last week.
Current PriceTarget Research Rating
LTRX’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.
Lantronix has a current Value Trend Rating of D (Negative). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Lantronix has a neutral Appreciation Score of 54 but a poor Power Rating of 21, with the Negative Value Trend Rating the result.
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.
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