On 1/18/24, eHealth Inc (NASDAQ: EHTH) stock suffered a major decline of -16.3%, closing at $5.85. Moreover, exceptionally high trading volume at 774% of normal accompanied the decline. The stock has been strong relative to the market over the last nine months but has declined -25.9% 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 good Power Rating of 73 and a very high Appreciation Score of 88, with the Highest Value Trend Rating the result.
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.
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