On 8/13/24, Lifetime Brands Inc (NASDAQ: LCUT) stock enjoyed a major increase of 10.5%, closing at $7.28. However, this advance was accompanied by exceptionally low trading volume at 39% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 1.7% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, LCUT is expected to be a Value Builder.
Lifetime Brands has a current Value Trend Rating of A (Highest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Lifetime Brands has a good Appreciation Score of 72 and a very high Power Rating of 93, with the Highest Value Trend Rating the result.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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