Alert: Major Price Advance (5/7/24)-eHealth Inc (NASDAQ: EHTH).

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eHealth Inc (NASDAQ: EHTH) stock enjoyed a major increase of 11.3% on 5/7/24. The shares closed at $5.31. Moreover, exceptionally high trading volume at 336% of normal accompanied the advance. Relative to the market the stock has been extremely weak over the last nine months but has risen 19.6% during the last week.

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Current PriceTarget Research Rating

With future capital returns forecasted to be in line with the cost of capital, EHTH is expected to continue to be Value Creation neutral.

eHealth has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. eHealth has a very high Appreciation Score of 94 but a very low Power Rating of 5, and the Neutral Value Trend Rating results.

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.

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