Alert: Major Price Decline (9/6/24)-CompX International Inc. (NYSEAMERICAN: CIX).

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CompX International Inc. (NYSEAMERICAN: CIX) stock closed at $25.43 on 9/6/24 after a major decline of -12.2%. Moreover, trading volume in this decline was unusually high at 164% of normal. The stock has declined -10.3% during the last week and has performed in line with the market over the last nine months.

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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). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. CompX International has a slightly negative Appreciation Score of 38 but a slightly positive Power Rating of 63, with the Neutral Value Trend Rating the result.

Rating Review

In light of this highly negative 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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