Alert: Major Price Decline (2/27/24)-Asure Software Inc (NASDAQ: ASUR).

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Asure Software Inc (NASDAQ: ASUR) stock suffered a major decline of -12.2% on 2/27/24. The shares closed at $9.02. Moreover, exceptionally high trading volume at 316% of normal accompanied the decline. Relative to the market the stock has been extremely weak over the last nine months and has declined -13.4% during the last week.

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Current PriceTarget Research Rating

ASUR is expected to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Asure Software 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. Asure Software has a slightly negative Appreciation Score of 30 and a poor Power Rating of 29, leading to 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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