Intellinetics Inc (NYSEAMERICAN: INLX) stock suffered a major decline of -13.1% on 3/8/24. The shares closed at $7.93. NORMAL trading volume accompanied the decline. The stock has declined -9.9% during the last week but 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 be below the cost of capital. Accordingly, the company is expected to be a modest Value Eraser.
Intellinetics has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Intellinetics has a very low Appreciation Score of 7 but a very high Power Rating of 94, with the Neutral Value Trend Rating the result.
Rating Review
In light of this highly negative 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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