Stock Analysis on Ebix Inc (EBIX)
Date of Analysis: 31st October 2014
Last Updated on: Same as above date
Current Price: $14.66
Intrinsic Value (How much it’s worth based on it’s financial records): $11.26
EBIX has got good financial records based on its financial records.
On the big timeframe, on the Monthly Chart, it shows a downtrend as its making a series of lower highs and lower lows. On this timeframe, it will move and head towards $2.31.
Based on the weekly chart, EBIX will go down till it reaches $7.86.
The bigger timeframes have control over the smaller ones and so EBIX will continue its downtrend to $2.31.
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