EVERTEC (NYSE:EVTC)

CAPS Rating: No stars

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Member Avatar OklaBoston (69.02) Submitted: 6/30/2014 2:28:50 PM : Underperform Start Price: $23.20 EVTC Score: +3.59

Deteriorating technicals indicate this stock, public only a bit more than 300 days, has reached the end of it's "honeymoon" phase.

My studies of the IPO cycle indicate that it should eventually fall below it's IPO price but I have yet to find a satisfactory method of estimating how long that will take.

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