CompX International Inc. (NYSEAMERICAN: CIX) stock enjoyed a major increase of 27.3% on 1/12/24. The shares closed at $29.60. Moreover, this advance was accompanied by exceptionally high trading volume at 845% of normal. The stock has been strong relative to the market over the last nine months and has risen 20.3% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, CIX is expected to continue to be a Value Builder.
CompX International 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. CompX International has a poor Appreciation Score of 25 but a good Power Rating of 83, leading to the Neutral Value Trend Rating.
Rating Review
In light of this very positive 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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