Computer Programs and Systems In (NASDAQ: CPSI) stock suffered a major decline of -16.5% on 3/4/24. The shares closed at $7.67. Moreover, exceptionally high trading volume at 210% of normal accompanied the decline. The stock has been extremely weak relative to the market over the last nine months and has declined -16.4% during the last week.
Current PriceTarget Research Rating
CPSI’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
Computer Programs and Systems In has a current Value Trend Rating of D (Negative). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Computer Programs and Systems In has a good Appreciation Score of 76 but a very low Power Rating of 6, triggering the Negative Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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