Tigress Financial Partners Downgrades Ebix, Inc. (EBIX) to Underperform

Tigress Financial Partners downgraded Ebix, Inc. (NASDAQ: EBIX) from Neutral to Underperform.

Analyst Philip Van Deusen said, "We anticipate decelerating Performance metrics over coming quarters. Return on Capital has dropped consistently over the past six years and we see this trend continuing as EBIX looks for growth beyond the low hanging fruit."

For an analyst ratings summary and ratings history on Ebix, Inc. click here. For more ratings news on Ebix, Inc. click here.

Shares of Ebix, Inc. closed at $33.04 yesterday.

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