Stock Rating Downgrade
In the last week the Value Trend Rating for Live Ventures Inc (NASDAQ: LIVE) weakened from C to D reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
Live Ventures Inc (NASDAQ: LIVE) stock enjoyed a very large increase of 5.2% on 8/23/24. The shares closed at $18.49. NORMAL trading volume accompanied the advance. The stock has been extremely weak relative to the market over the last nine months but has risen 14.1% 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 D (Negative). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Live Ventures has a slightly positive Appreciation Score of 65 but a poor Power Rating of 17, triggering the Negative Value Trend Rating.
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