Alert: Positive Investment/Fundamental Signals (1/17/24)-Interactive Brokers Group Inc (NASDAQ: IBKR)

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Extremely significant positive changes in Interactive Brokers Group Inc (NASDAQ: IBKR) investment behavior have recently occurred: the stock rose on very heavy volume, and positive upside/downside volume developed.

Important positive changes in Interactive Brokers Group Inc (NASDAQ: IBKR) fundamentals have recently occurred: significant quarterly earnings acceleration occurred, and the stock’s power rating rose above 70.

In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, IBKR is expected to continue to be a major Value Builder.

Interactive Brokers Group has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. Interactive Brokers Group has a slightly negative Appreciation Score of 34 but a good Power Rating of 75, producing the Neutral Value Trend Rating.

Recent Price Action

Interactive Brokers Group Inc (NASDAQ: IBKR) stock closed at $89.19 on 1/17/24 after a large increase of 2.3%. Moreover, exceptionally high trading volume at 278% of normal accompanied the advance. The stock has risen 1.8% during the last week and has been strong relative to the market over the last nine months.

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