Alert: Major Price Decline (11/30/23)-Ebix Inc (NASDAQ: EBIX).


On 11/30/23, Ebix Inc (NASDAQ: EBIX) stock suffered a major decline of -12.1%, closing at $3.94. This decline was accompanied by normal trading volume. Relative to the market the stock has been extremely weak over the last nine months and has declined -16.9% during the last week.


Current PriceTarget Research Rating

EBIX is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Ebix has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Ebix has a very high Appreciation Score of 98 but a poor Power Rating of 20, resulting in the High Neutral Value Trend Rating.

Rating Review

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

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