American Software Inc (NASDAQ: AMSWA) stock closed at $9.21 on 6/7/24 after a major decline of -10.8%. Moreover, exceptionally high trading volume at 257% of normal accompanied the decline. The stock has declined -10.0% during the last week and has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
AMSWA is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
American Software has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. American Software has a poor Appreciation Score of 18 and a poor Power Rating of 17, and the Lowest Value Trend Rating results.
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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