Identiv Inc (NASDAQ: INVE) stock enjoyed a major increase of 10.3% on 11/8/24. The shares closed at $3.95. Moreover, trading volume in this advance was exceptionally high at 416% of normal. Relative to the market the stock has been extremely weak over the last nine months but has risen 11.6% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, INVE is expected to be a modest Value Builder.
Identiv has a current Value Trend Rating of F (Lowest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Identiv has a poor Appreciation Score of 28 and a very low Power Rating of 2, with the Lowest Value Trend Rating the result.
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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