Stock Rating Upgrade
The Value Trend Rating for Shutterstock Inc (NYSE: SSTK) improved of late from D to C reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
Shutterstock Inc (NYSE: SSTK) stock closed at $30.58 on 1/10/25 after a slight decline of -0.3%. Moreover, unusually high trading volume at 162% of normal accompanied the decline. The stock has been weak relative to the market over the last nine months but has risen 0.8% during the last week.
Current PriceTarget Research Rating
Shutterstock has a current Value Trend Rating of C (Neutral). This VT Rating improved in recent days from D previously. This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Shutterstock has a good Appreciation Score of 73 but a slightly negative Power Rating of 39, resulting in the Neutral Value Trend Rating.
Be the first to comment