CoreCard Corporation (NYSE: CCRD) stock closed at $13.03 on 11/29/23 after a major decline of -16.6%. Moreover, trading volume in this decline was exceptionally high at 418% of normal. The stock has declined -21.9% during the last week and has been extremely weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to fall short of the cost of capital, CCRD is expected to be a modest Value Eraser.
CoreCard has a current Value Trend Rating of F (Lowest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. CoreCard has a very low Power Rating of 13 and a very low Appreciation Score of 8, producing the Lowest Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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