Five9 Inc (NASDAQ: FIVN) stock closed at $31.22 on 8/9/24 after a major decline of -26.5%. Moreover, trading volume in this decline was exceptionally high at 856% of normal. The stock has declined -27.2% during the last week and has been extremely weak relative to the market over the last nine months.
Current PriceTarget Research Rating
FIVN is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Five9 has a current Value Trend Rating of D (Negative). This VT Rating improved modestly in recent days from F previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Five9 has a neutral Appreciation Score of 58 but a poor Power Rating of 21, and the Negative Value Trend Rating results.
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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