Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for FitLife Brands Inc (NASDAQ: FTLF) weakened during the last several trading days. FTLF’s current Value Trend Rating is C and the prior Rating was B. Details supporting this lower rating are included in our next report.
Recent Price Action
FitLife Brands Inc (NASDAQ: FTLF) stock closed at $30.00 on 5/24/24 after an increase of 1.9%. This advance was accompanied by normal trading volume. The stock has risen 7.2% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, FTLF is expected to continue to be a modest Value Builder.
FitLife Brands has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. FitLife Brands has a slightly negative Appreciation Score of 34 but a very high Power Rating of 86, leading to the High Neutral Value Trend Rating.
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