Semler Scientific Inc (NASDAQ: SMLR) stock suffered a major decline of -19.0% on 3/5/24. The shares closed at $39.55. Moreover, exceptionally high trading volume at 504% of normal accompanied the decline. The stock has been exceptionally strong relative to the market over the last nine months but has declined -18.5% during the last week.
Current PriceTarget Research Rating
SMLR’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.
Semler Scientific has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Semler Scientific has a neutral Appreciation Score of 53 but a very high Power Rating of 96, and the Highest Value Trend Rating results.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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