On 7/18/24, Live Ventures Inc (NASDAQ: LIVE) stock suffered a major decline of -12.0%, closing at $18.01. Moreover, exceptionally high trading volume at 226% of normal accompanied the decline. Relative to the market the stock has been weak over the last nine months and has declined -17.5% during the last week.
Current PriceTarget Research Rating
LIVE’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to be Value Creation neutral.
Live Ventures has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Live Ventures has a neutral Appreciation Score of 56 but a poor Power Rating of 24, producing the Negative Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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