Professional
Added to YB: 2025-04-17
Pitch date: 2025-04-15
EVRC [bullish]
Evercel, Inc.
-0.33%
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
$0.30
Price Target
1.00 (+233%)
Dividend
N/A
Sector
Machinery
Category
special_situation
Cedar Creek Partners Portfolio Holding: Evercel, Inc.
EVRC: Buying $0.30 stock with potential 4x+ return based on rights to ZAGG minority stake (40% of cellphone accessory co); binary outcome - zero if no ZAGG rights or $1+ if rights confirmed; ZAGG valued at $200M in 2021 ($500M sales); Evercel's stake worth $28M+ vs $7M market cap.
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