On 8/5/24, Live Ventures Inc (NASDAQ: LIVE) stock enjoyed a major increase of 10.7%, closing at $18.48. Moreover, unusually high trading volume at 169% of normal accompanied the advance. Relative to the market the stock has been weak over the last nine months and has declined -3.2% 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 C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. Live Ventures has a slightly positive Appreciation Score of 68 but a poor Power Rating of 18, triggering the Low Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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