Alert: Negative Investment/Fundamental Signals (9/26/22)-Ellington Financial Inc (NYSE: EFC)


Extremely significant negative changes in Ellington Financial Inc (NYSE: EFC) investment behavior have recently occurred: negative upside/downside volume developed, and the stock fell on very heavy volume.

Recent significant negative changes in fundamentals have affected Ellington Financial Inc (NYSE: EFC): the stock’s power rating fell below 50, and significant quarterly earnings deceleration occurred.

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


Current PriceTarget Research Rating

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

Ellington Financial has a current Value Trend Rating of C (High Neutral). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Ellington Financial has a good Appreciation Score of 83 but a neutral Power Rating of 42, resulting in the High Neutral Value Trend Rating.

Recent Price Action

Ellington Financial Inc (NYSE: EFC) stock suffered a very large decline of -8.5% on 9/26/22. The shares closed at $12.15. Moreover, trading volume in this decline was exceptionally high at 213% of normal. The stock has performed in line with the market over the last nine months and has declined -16.1% during the last week.

About John Lafferty 121363 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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