Lantronix Inc (NASDAQ: LTRX) stock enjoyed a major increase of 20.0% on 11/9/23. The shares closed at $4.86. The stock has performed in line with the market over the last nine months and has risen 13.8% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, LTRX is expected to continue to be a major Value Builder.
Lantronix has a current Value Trend Rating of C (High Neutral). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Lantronix has a neutral Power Rating of 56 and a slightly positive Appreciation Score of 61, and the High Neutral Value Trend Rating results.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
Be the first to comment