Stock Rating Downgrade
Of late the Value Trend Rating for Enerflex Ltd (NYSE: EFXT) weakened from B to C reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
Enerflex Ltd (NYSE: EFXT) stock declined slightly by -0.2% on 4/8/24. The stock closed at $6.19. However, below average trading volume at 75% of normal accompanied the decline. The stock has risen 6.2% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, EFXT is expected to be a modest Value Builder.
Enerflex has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Enerflex has a very high Appreciation Score of 92 but a poor Power Rating of 25, producing the High Neutral Value Trend Rating.
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