On 8/8/24, CompX International Inc. (NYSEAMERICAN: CIX) stock enjoyed a major increase of 13.7%, closing at $26.78. Moreover, this advance was accompanied by above average trading volume at 148% of normal. The stock has risen 4.4% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
CIX’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
CompX International has a current Value Trend Rating of C (Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. CompX International has a slightly negative Appreciation Score of 39 but a slightly positive Power Rating of 67, 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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