Alert: Major Price Decline (9/4/19)-Encore Capital Group Inc (NASDAQ: ECPG).

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On 9/4/19, Encore Capital Group Inc (NASDAQ: ECPG) stock suffered a major decline of -11.1%, closing at $32.00. Moreover, trading volume in this decline was exceptionally high at 745% of normal. The stock has declined -10.3% during the last week but has been exceptionally strong relative to the market over the last nine months.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, ECPG is expected to continue to be a major Value Builder.

Encore Capital 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. Encore Capital has a good Appreciation Score of 83 and a very high Power Rating of 93, producing the Highest Value Trend Rating.

Rating Review

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

About John Lafferty 80532 Articles
During his career, John has developed valuation and stock rating methodologies, managed institutional portfolios and mutual funds, and provided equity research to institutional investors on thousands of companies. He has been Director of Research at PTR since its inception in 2004.

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