Enerflex Ltd (NYSE: EFXT) stock suffered a major decline of -21.8% on 5/8/24. The shares closed at $4.78. Moreover, unusually high trading volume at 174% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and has declined -18.0% during the last week.
Current PriceTarget Research Rating
EFXT is expected to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Enerflex has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Enerflex has a neutral Power Rating of 50 but a very high Appreciation Score of 94, leading to the Highest Value Trend Rating.
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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