On 11/7/24, CompX International Inc. (NYSEAMERICAN: CIX) stock suffered a major decline of -13.1%, closing at $29.01. Moreover, this decline was accompanied by exceptionally high trading volume at 381% of normal. The stock has performed in line with the market over the last nine months and has declined -2.4% during the last week.
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 D (Negative). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. CompX International has a neutral Power Rating of 46 and a slightly negative Appreciation Score of 35, with the Negative Value Trend Rating the result.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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