Alert: Major Price Advance (7/11/24)-Fox Factory Holding Corp (NASDAQ: FOXF).

out_logo_500#70720.jpg

Fox Factory Holding Corp (NASDAQ: FOXF) stock closed at $49.36 on 7/11/24 after a major increase of 11.7%. NORMAL trading volume accompanied the advance. The stock has risen 1.6% during the last week but has been extremely weak relative to the market over the last nine months.

out_mm#70720.jpg

Current PriceTarget Research Rating

FOXF is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Fox Factory Holding has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Fox Factory Holding has a slightly positive Appreciation Score of 66 but a very low Power Rating of 0, with the Negative Value Trend Rating the result.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.

Be the first to comment

Leave a Reply

Your email address will not be published.


*