Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for FitLife Brands Inc (NASDAQ: FTLF) improved during the last several trading days. FTLF’s current Value Trend Rating is B and the prior Rating was C. Details supporting this higher rating are included in our next report.
Recent Price Action
FitLife Brands Inc (NASDAQ: FTLF) stock closed at $33.08 on 7/29/24 after a decline of -2.0%. However, this decline was accompanied by normal trading volume at 83% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 2.4% during the last week.
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 B (Positive). This VT Rating improved in recent days from C previously. 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 35 but a very high Power Rating of 89, and the Positive Value Trend Rating results.
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