Brightcove Inc (NASDAQ: BCOV) stock enjoyed a major increase of 35.4% on 11/25/24. The shares closed at $4.32. Moreover, exceptionally high trading volume at 2376% of normal accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 42.1% during the last week.
Current PriceTarget Research Rating
Brightcove has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Brightcove has a poor Appreciation Score of 22 but a good Power Rating of 84, resulting in the Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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