Alert: Major Price Advance (11/18/24)-iRobot Corp (NASDAQ: IRBT).

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On 11/18/24, iRobot Corp (NASDAQ: IRBT) stock enjoyed a major increase of 12.2%, closing at $6.97. Moreover, trading volume in this advance was unusually high at 166% of normal. Relative to the market the stock has been weak over the last nine months but is unchanged during the last week.

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Current PriceTarget Research Rating

iRobot has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. iRobot has a neutral Power Rating of 48 but a poor Appreciation Score of 19, leading to 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.

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