Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for Encore Capital Group Inc (NASDAQ: ECPG) improved in the last week. ECPG’s current Value Trend Rating is B and the prior Rating was C. Details supporting this higher rating are included in our next report.
Recent Price Action
Encore Capital Group Inc (NASDAQ: ECPG) stock closed at $49.22 on 11/15/24 after an increase of 1.7%. However, below average trading volume at 75% of normal accompanied the advance. The stock has declined -1.2% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
Encore Capital Group has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Encore Capital Group has a good Appreciation Score of 82 but a neutral Power Rating of 48, triggering the Positive Value Trend Rating.
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