Alert: Major Price Advance (11/14/23)-Tongxin International Ltd (NASDAQ: TREE).


Tongxin International Ltd (NASDAQ: TREE) stock enjoyed a major increase of 10.1% on 11/14/23. The shares closed at $16.08. The stock has been extremely weak relative to the market over the last nine months but has risen 2.6% during the last week.


Current PriceTarget Research Rating

TREE’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to be a Value Builder.

LendingTree has a current Value Trend Rating of C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. LendingTree has a slightly positive Appreciation Score of 62 but a poor Power Rating of 27, resulting in the Low Neutral Value Trend Rating.

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

Leave a Reply

Your email address will not be published.