Alert: Negative Investment/Fundamental Signals (9/11/24)-Innospec Inc (NASDAQ: IOSP)

out_logo_500#27429.jpg

Recent important negative changes in fundamentals have impacted Innospec Inc (NASDAQ: IOSP): the stock’s power rating fell below 50, the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2025 decreased significantly.

Recent meaningful negative changes in investment behavior have impacted Innospec Inc (NASDAQ: IOSP): negative upside/downside volume developed.

In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.

out_mm#27429.jpg

Current PriceTarget Research Rating

IOSP is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to be above the cost of capital.

Innospec has a current Value Trend Rating of C (Low Neutral). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Innospec has a neutral Power Rating of 46 and a neutral Appreciation Score of 44, resulting in the Low Neutral Value Trend Rating.

Recent Price Action

Innospec Inc (NASDAQ: IOSP) stock rose modestly by 0.4% on 9/11/24. The stock closed at $106.48. However, this advance was accompanied by unusually low trading volume at 53% of normal. The stock has performed in line with the market over the last nine months and has declined -4.8% during the last week.

Be the first to comment

Leave a Reply

Your email address will not be published.


*