On 9/3/24, AudioEye Inc (NASDAQ: AEYE) stock suffered a major decline of -11.0%, closing at $21.55. Trading volume in this decline was normal. The stock has been exceptionally strong relative to the market over the last nine months but has declined -8.0% during the last week.
Current PriceTarget Research Rating
AEYE’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to be a major Value Builder.
AudioEye has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. AudioEye has a slightly negative Appreciation Score of 34 but a very high Power Rating of 99, triggering the Positive Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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