On 7/1/24, Intellinetics Inc (NYSEAMERICAN: INLX) stock enjoyed a major increase of 12.5%, closing at $7.20. This advance was accompanied by normal trading volume. The stock has risen 10.6% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
INLX’s future returns on capital are forecasted to fall short of the cost of capital. Accordingly, the company is expected to continue to be a modest Value Eraser.
Intellinetics has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Intellinetics has a very low Appreciation Score of 8 but a very high Power Rating of 90, and the Neutral Value Trend Rating results.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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