Alert: Major Price Decline (8/7/24)-eHealth Inc (NASDAQ: EHTH).

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eHealth Inc (NASDAQ: EHTH) stock closed at $3.83 on 8/7/24 after a major decline of -18.0%. Moreover, trading volume in this decline was exceptionally high at 273% of normal. The stock has declined -29.2% during the last week and has been extremely weak relative to the market over the last nine months.

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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 6, 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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