CompX International Inc. (NYSEAMERICAN: CIX) stock enjoyed a major increase of 19.2% on 3/4/24. The shares closed at $27.77. Moreover, exceptionally high trading volume at 237% of normal accompanied the advance. Relative to the market the stock has been strong over the last nine months and has risen 18.6% during the last week.
Current PriceTarget Research Rating
CIX’s future returns on capital are forecasted to be above 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). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. CompX International has a slightly negative Appreciation Score of 36 but a good Power Rating of 78, producing the Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
Be the first to comment