Intellinetics Inc (NYSEAMERICAN: INLX) stock closed at $8.35 on 2/26/24 after a major increase of 15.2%. Moreover, trading volume in this advance was exceptionally high at 572% of normal. The stock has risen 27.9% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be below the cost of capital, INLX is expected to be a modest Value Eraser.
Intellinetics has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Intellinetics has a very low Appreciation Score of 8 but a very high Power Rating of 93, with the Neutral Value Trend Rating the result.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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