Extremely significant negative changes in MarineMax Inc (NYSE: HZO) investment behavior have recently occurred: negative upside/downside volume developed, and the stock fell on very heavy volume.
Recent meaningful negative changes in fundamentals have affected MarineMax Inc (NYSE: HZO): the stock’s power rating fell below 50, and significant quarterly earnings deceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of B. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
MarineMax has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. MarineMax has a very high Appreciation Score of 90 but a neutral Power Rating of 44, producing the Positive Value Trend Rating.
Recent Price Action
On 12/20/24, MarineMax Inc (NYSE: HZO) stock declined modestly by -1.6%, closing at $28.35. Moreover, exceptionally high trading volume at 338% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and has declined -7.2% during the last week.
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