Alert: Major Price Advance (7/15/24)-AudioEye Inc (NASDAQ: AEYE).

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AudioEye Inc (NASDAQ: AEYE) stock enjoyed a major increase of 10.1% on 7/15/24. The shares closed at $22.91. Trading volume in this advance was normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 18.3% during the last week.

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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). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. AudioEye has a poor Appreciation Score of 25 but a very high Power Rating of 99, with the Positive Value Trend Rating the result.

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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