Stock Rating Downgrade
In the last week the Value Trend Rating for Computer Programs and Systems In (NASDAQ: CPSI) weakened from C to D reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
Computer Programs and Systems In (NASDAQ: CPSI) stock rose slightly by 0.2% on 5/3/24. The stock closed at $8.53. However, trading volume in this advance was exceptionally low at 47% of normal. The stock has been extremely weak relative to the market over the last nine months but has risen 8.7% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, CPSI is expected to continue to be a Value Builder.
Computer Programs and Systems In has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Computer Programs and Systems In has a good Appreciation Score of 85 but a very low Power Rating of 1, resulting in the Negative Value Trend Rating.
Be the first to comment