OptimizeRX Corp (NASDAQ: OPRX) stock enjoyed a major increase of 13.8% on 1/9/24. The shares closed at $15.21. Moreover, trading volume in this advance was unusually high at 165% of normal. The stock has been weak relative to the market over the last nine months but has risen 6.3% during the last week.
Current PriceTarget Research Rating
OPRX’s future returns on capital are forecasted to be below the cost of capital. Accordingly, the company is expected to continue to be a modest Value Eraser.
OptimizeRX has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects complementary signals from PTR’s two proprietary measures of a stock’s attractiveness. OptimizeRX has a slightly negative Power Rating of 33 and a very low Appreciation Score of 12, and the Lowest Value Trend Rating results.
Rating Review
In light of this very positive 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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