eHealth Inc (NASDAQ: EHTH) stock enjoyed a major increase of 11.6% on 12/4/23. The shares closed at $8.98. Moreover, exceptionally high trading volume at 423% of normal accompanied the advance. The stock has performed in line with the market over the last nine months and has risen 16.6% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be in line with the cost of capital, EHTH is expected to be Value Creation neutral.
eHealth has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. eHealth has a slightly positive Power Rating of 62 and a good Appreciation Score of 85, triggering the Highest Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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