Alert: Positive Investment/Fundamental Signals (12/1/23)-Five9 Inc (NASDAQ: FIVN)


Extremely important positive changes in investment behavior have recently occurred for Five9 Inc (NASDAQ: FIVN): positive upside/downside volume developed, and its longer term price trend turned up.

Five9 Inc (NASDAQ: FIVN). Notable positive changes in fundamentals have recently occurred: the stock’s power rating rose above 70, and the consensus estimate for December, 2023 increased significantly.

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.


Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, FIVN is expected to continue to be a major Value Builder.

Five9 has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Five9 has a poor Appreciation Score of 19 but a good Power Rating of 74, resulting in the Low Neutral Value Trend Rating.

Recent Price Action

On 12/1/23, Five9 Inc (NASDAQ: FIVN) stock enjoyed a large increase of 4.4%, closing at $79.59. NORMAL trading volume accompanied the advance. Relative to the market the stock has been strong over the last nine months and has risen 6.5% during the last week.

Be the first to comment

Leave a Reply

Your email address will not be published.