Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Live Ventures Inc (NASDAQ: LIVE) weakened of late. LIVE's current Value Trend Rating is D and the prior Rating was C. Details supporting this lower rating are included in our next report.
Recent Price Action
Live Ventures Inc (NASDAQ: LIVE) stock closed at $27.80 on 3/1/24 after a very large increase of 5.2%. Moreover, trading volume in this advance was exceptionally high at 364% of normal. The stock has performed in line with the market over the last nine months and has risen 13.7% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, LIVE is expected to be Value Creation neutral.
Live Ventures has a current Value Trend Rating of D (Negative). This rating combines highly consistent signals from two proprietary PTR measures of a stock's attractiveness. Live Ventures has a neutral Power Rating of 43 and a neutral Appreciation Score of 42, resulting in the Negative Value Trend Rating.