AudioEye Inc (NASDAQ: AEYE) stock closed at $25.92 on 11/6/24 after a major increase of 13.9%. Moreover, this advance was accompanied by unusually high trading volume at 151% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 14.0% 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). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. AudioEye has a neutral Appreciation Score of 41 but a very high Power Rating of 98, resulting in the Positive Value Trend Rating.
Rating Review
In light of this very positive 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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