Alert: Major Price Advance (11/8/24)-Five9 Inc (NASDAQ: FIVN).

out_logo_500#71682.jpg

Five9 Inc (NASDAQ: FIVN) stock closed at $36.82 on 11/8/24 after a major increase of 12.2%. Moreover, this advance was accompanied by exceptionally high trading volume at 377% of normal. The stock has risen 24.7% during the last week but has been extremely weak relative to the market over the last nine months.

out_mm#71682.jpg

Current PriceTarget Research Rating

FIVN is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to be above the cost of capital.

Five9 has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Five9 has a neutral Appreciation Score of 54 but a very low Power Rating of 8, and the Negative Value Trend Rating results.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.

Be the first to comment

Leave a Reply

Your email address will not be published.


*