Ecovyst: Room For Solid Returns
Ecovyst (ECVT) Seeking Alpha·2024-08-13 15:17
JHVEPhoto/iStock Editorial via Getty Images Introduction Ecovyst just released their Q2 2024 results, and the market did not treat them kindly. Since the release, their share price is now down ~28%, declining from ~$9.5/share thereabouts to mid-$6/share today. Of course, this isn't totally without justification - Ecovyst is displaying more softness than previously anticipated, but it's also seemingly the case that their share price was swept up by the sell-off wave as of late. In other words, while I am bri ...