Alert: Negative Investment/Fundamental Signals (11/9/23)-eHealth Inc (NASDAQ: EHTH)

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eHealth Inc (NASDAQ: EHTH) has recently experienced extremely important negative changes in investment behavior: the stock’s recent price decline challenged its longer term uptrend, its shorter term price trend turned down, and its longer term price trend turned down.

Small negative changes in fundamentals have recently occurred for eHealth Inc (NASDAQ: EHTH): the stock’s power rating fell below 50.

In light of these highly negative signals we are reviewing our current Overall Rating of B. We would view the shares with caution pending completion of this review in the next several days.

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Current PriceTarget Research Rating

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

eHealth has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. eHealth has a good Appreciation Score of 82 but a neutral Power Rating of 49, with the Positive Value Trend Rating the result.

Recent Price Action

eHealth Inc (NASDAQ: EHTH) stock declined modestly by -0.8% on 11/9/23. The stock closed at $7.40. The stock has performed in line with the market over the last nine months and has declined -13.1% during the last week.

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