Extremely significant positive changes in CompX International Inc. (NYSEAMERICAN: CIX) investment behavior have recently occurred: positive upside/downside volume developed, its shorter term price trend turned up, and the stock rose on very heavy volume.
Slight positive changes in CompX International Inc. (NYSEAMERICAN: CIX) fundamentals have recently occurred: significant quarterly earnings acceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.
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 34 but a slightly positive Power Rating of 65, and the Neutral Value Trend Rating results.
Recent Price Action
On 8/14/24, CompX International Inc. (NYSEAMERICAN: CIX) stock enjoyed a large increase of 4.6%, closing at $31.17. Moreover, exceptionally high trading volume at 365% of normal accompanied the advance. The stock has performed in line with the market over the last nine months and has risen 34.8% during the last week.
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