Stock Rating Upgrade
In recent days the Value Trend Rating for Live Ventures Inc (NASDAQ: LIVE) improved from D to C reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
Live Ventures Inc (NASDAQ: LIVE) stock enjoyed a very large increase of 6.0% on 9/20/24. The shares closed at $16.06. Moreover, this advance was accompanied by exceptionally high trading volume at 232% of normal. The stock has been extremely weak relative to the market over the last nine months and has declined -6.4% during the last week.
Current PriceTarget Research Rating
LIVE’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to be Value Creation neutral.
Live Ventures has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Live Ventures has a good Appreciation Score of 73 but a very low Power Rating of 14, resulting in the Low Neutral Value Trend Rating.
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