AudioEye Inc (NASDAQ: AEYE) stock enjoyed a major increase of 11.2% on 5/13/24. The shares closed at $19.59. Moreover, above average trading volume at 120% of normal accompanied the advance. The stock has risen 6.2% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
AEYE’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to be a major Value Builder.
AudioEye has a current Value Trend Rating of B (Positive). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. AudioEye has a slightly negative Appreciation Score of 34 but a very high Power Rating of 99, and the Positive Value Trend Rating results.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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