Stock Rating Upgrade
The Value Trend Rating for Evolent Health Inc (NYSE: EVH) improved recently from D to C reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
On 12/27/24, Evolent Health Inc (NYSE: EVH) stock declined modestly by -1.9%, closing at $11.13. However, trading volume in this decline was exceptionally low at 34% of normal. Relative to the market the stock has been extremely weak over the last nine months but has risen 3.9% during the last week.
Current PriceTarget Research Rating
Evolent Health has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Evolent Health has a good Appreciation Score of 81 but a very low Power Rating of 8, resulting in the Low Neutral Value Trend Rating.
Be the first to comment