Stock Rating Upgrade
In the last week the Value Trend Rating for Enerflex Ltd (NYSE: EFXT) improved from C to B reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
On 4/26/24, Enerflex Ltd (NYSE: EFXT) stock enjoyed a large increase of 4.6%, closing at $5.96. However, this advance was accompanied by exceptionally low trading volume at 32% of normal. The stock has performed in line with the market over the last nine months and has risen 5.3% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, EFXT is expected to be a modest Value Builder.
Enerflex has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. 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 93 but a slightly negative Power Rating of 40, resulting in the Positive Value Trend Rating.
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