Asure Software Inc (NASDAQ: ASUR) has recently enjoyed extremely important positive changes in investment behavior: positive upside/downside volume developed, the stock’s recent price rise disrupted its longer term downtrend, and the stock rose on very heavy volume.
Asure Software Inc (NASDAQ: ASUR). Important positive changes in fundamentals have recently occurred: the consensus estimate for December, 2025 increased significantly, and the consensus estimate for December, 2024 increased significantly.
In light of these very positive signals we are reviewing our current Overall Rating of D. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
ASUR is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Asure Software has a current Value Trend Rating of D (Negative). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Asure Software has a neutral Appreciation Score of 51 but a poor Power Rating of 23, leading to the Negative Value Trend Rating.
Recent Price Action
On 6/28/24, Asure Software Inc (NASDAQ: ASUR) stock increased 1.9%, closing at $8.40. Moreover, exceptionally high trading volume at 280% of normal accompanied the advance. Relative to the market the stock has been weak over the last nine months but has risen 4.0% during the last week.
Be the first to comment