Stock Rating Upgrade
In recent days the Value Trend Rating for Live Ventures Inc (NASDAQ: LIVE) improved from D to C reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
Live Ventures Inc (NASDAQ: LIVE) stock closed at $16.20 on 8/16/24 after being unchanged was unchanged. This flat performance was accompanied by normal trading volume. The stock has declined -19.8% during the last week and has been weak relative to the market over the last nine months.
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). This VT Rating improved in recent days from D previously. This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Live Ventures has a good Appreciation Score of 71 but a poor Power Rating of 17, leading to the Low Neutral Value Trend Rating.
Be the first to comment