Ennis Inc (NYSE: EBF) stock suffered a major decline of -15.3% on 10/11/24. The shares closed at $20.43. Moreover, exceptionally high trading volume at 231% of normal accompanied the decline. The stock has been strong relative to the market over the last nine months but has declined -14.4% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, EBF is expected to continue to be a Value Builder.
Ennis has a current Value Trend Rating of C (Neutral). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Ennis has a neutral Appreciation Score of 41 but a good Power Rating of 73, leading to the Neutral Value Trend Rating.
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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