Is There Now An Opportunity In Energy Recovery, Inc. (NASDAQ:ERII)?
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Summary:
While Energy Recovery, Inc. (NASDAQ:ERII) might not be the most widely known stock at the moment, it received a lot of attention from a substantial price increase on the NASDAQGS over the last few months. As a small cap stock, which tends to lack high analyst coverage, there is generally more of an opportunity for mispricing as there is less activity to push the stock closer to fair value. Is there still an opportunity here to buy? Today I will analyse the most recent data on Energy Recovery’s outlook and valuation to see if the opportunity still exists.
Check out our latest analysis for Energy Recovery Is Energy Recovery still cheap?
Great news for investors – Energy Recovery is still trading at a fairly cheap price. My valuation model shows that the intrinsic value for the stock is $2 ...
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