Recent exceptional negative changes in investment behavior have affected Limoneira Co (NASDAQ: LMNR): negative upside/downside volume developed, its shorter term price trend turned down, and the stock fell on very heavy volume.
Limoneira Co (NASDAQ: LMNR) suffers from minimal negative changes in fundamentals: significant quarterly earnings deceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
Limoneira has a current Value Trend Rating of C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Limoneira has a very low Appreciation Score of 12 but a good Power Rating of 77, leading to the Low Neutral Value Trend Rating.
Recent Price Action
Limoneira Co (NASDAQ: LMNR) stock closed at $24.95 on 12/24/24 after a large decline of -7.0%. Moreover, exceptionally high trading volume at 386% of normal accompanied the decline. The stock has been exceptionally strong relative to the market over the last nine months but has declined -6.8% during the last week.
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