On 12/28/23, Lifetime Brands Inc (NASDAQ: LCUT) stock enjoyed a major increase of 12.3%, closing at $6.94. Moreover, exceptionally high trading volume at 444% of normal accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 18.4% during the last week.
Current PriceTarget Research Rating
LCUT is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Lifetime Brands has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Lifetime Brands has a good Appreciation Score of 79 and a good Power Rating of 83, leading to the Highest Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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