Stock Rating Upgrade
The Value Trend Rating for AudioEye Inc (NASDAQ: AEYE) improved in the last week from C to B reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
On 11/15/24, AudioEye Inc (NASDAQ: AEYE) stock declined by -2.5%, closing at $25.51. Moreover, trading volume in this decline was above average at 135% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -5.6% during the last week.
Current PriceTarget Research Rating
AudioEye has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. AudioEye has a neutral Appreciation Score of 45 but a very high Power Rating of 98, producing the Positive Value Trend Rating.
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