Alert: Major Price Decline (4/4/24)-OVERSTOCK COM INC (NYSE: OSTK).


OVERSTOCK COM INC (NYSE: OSTK) stock suffered a major decline of -10.0% on 4/4/24. The shares closed at $30.41. Moreover, exceptionally high trading volume at 321% of normal accompanied the decline. The stock has declined -14.4% during the last week but has been strong relative to the market over the last nine months.


Current PriceTarget Research Rating

OSTK’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to continue to be Value Creation neutral.

OVERSTOCK COM INC has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. OVERSTOCK COM INC has a very low Appreciation Score of 7 but a good Power Rating of 76, resulting in the Negative Value Trend Rating.

Rating Review

In light of this highly negative price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.

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