Professional
Added to YB: 2025-02-12
Pitch date: 2025-02-10
EVRC [bullish]
Evercel, Inc.
+7.14%
current return
Author Info
Cedar Creek Partners provides deep-dive research on undervalued companies. Follow on Twitter/X.
Company Info
Evercel, Inc., through its interest in Printronix Holding Corporation, designs and manufactures printers and related consumables for various industrial printing applications worldwide.
Market Cap
$8.2M
Pitch Price
$0.28
Price Target
N/A
Dividend
N/A
Sector
Machinery
Category
special_situation
Cedar Creek Partners New Position: Evercel, Inc.
EVRC: Re-entered after Feb 26 announcement excluding ZAGG rights. Likely untrue due to lack of FINRA reporting. Risk/reward opportunity at $0.26/share, $7M market cap. ZAGG 40% stake potentially worth $28M+ (4x current price) based on 2021 valuation. Upside if sales grown or debt reduced.
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