StockNews.com Downgrades Ebix to Sell

EBIXDelisted Stock  USD 27.20  1.04  3.98%   
Slightly above 55% of Ebix's investors are presently thinking to get in. The analysis of current outlook of investing in Ebix Inc suggests that some traders are interested regarding Ebix's prospects. Ebix's investing sentiment can be driven by a variety of factors including economic data, Ebix's earnings reports, geopolitical events, and overall market trends.
  
Ebix was downgraded by investment analysts at StockNews.com from a hold rating to a sell rating in a research report issued on Monday. Ebix Trading Down 5.3 percent EBIX opened at 15.46 on Monday. Ebix has a 1-year low of 11.74 and a 1-year high of 32.87. The stock has

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Ebix Fundamental Analysis

We analyze Ebix's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ebix using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ebix based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

EBITDA

EBITDA Comparative Analysis

Ebix is currently under evaluation in ebitda category among its peers. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.

Ebix Inc Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Ebix stock to make a market-neutral strategy. Peer analysis of Ebix could also be used in its relative valuation, which is a method of valuing Ebix by comparing valuation metrics with similar companies.

Peers

Ebix Related Equities

ADEAADEIA P   1.25   
0%
14.0%
ENFNEnfusion   1.00   
0%
11.0%
BLKBBlackbaud   0.87   
0%
10.0%
ALKTAlkami Technology   0.85   
0%
10.0%
AZPNAspen Technology   0.22   
0%
2.0%
PYCRPaycor HCM   0.05   
0%
1.0%
ONTFON24   0.16   
1.0%
0%
CVLTCommVault Systems   0.27   
3.0%
0%
ETWOE2open Parent   0.39   
4.0%
0%
MANHManhattan Associates   0.73   
8.0%
0%
LAWCS Disco   3.14   
37.0%
0%
AGYSAgilysys   8.39   
100.0%
0%
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

Other Consideration for investing in Ebix Stock

If you are still planning to invest in Ebix Inc check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Ebix's history and understand the potential risks before investing.
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