Helen of Troy Ltd (NASDAQ: HELE) has benefited from exceptional positive changes in investment behavior: its shorter term price trend turned up, its longer term price trend turned up, the stock’s recent price rise disrupted its longer term downtrend, and the stock rose on very heavy volume.
In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, HELE is expected to continue to be a Value Builder.
Helen of Troy has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Helen of Troy has a slightly positive Appreciation Score of 66 and a good Power Rating of 83, leading to the Highest Value Trend Rating.
Recent Price Action
On 12/14/23, Helen of Troy Ltd (NASDAQ: HELE) stock enjoyed a very large increase of 6.8%, closing at $123.89. Moreover, exceptionally high trading volume at 213% of normal accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 11.9% during the last week.
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