On 4/15/24, eHealth Inc (NASDAQ: EHTH) stock suffered a major decline of -11.5%, closing at $4.31. Moreover, exceptionally high trading volume at 244% of normal accompanied the decline. Relative to the market the stock has been weak over the last nine months and has declined -17.4% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, EHTH is expected to continue to be Value Creation neutral.
eHealth has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. eHealth has a very high Appreciation Score of 93 but a poor Power Rating of 16, producing the 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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