Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for OptimizeRX Corp (NASDAQ: OPRX) improved during the last several trading days. OPRX’s current Value Trend Rating is C and the prior Rating was D. Details supporting this higher rating are included in our next report.
Recent Price Action
On 3/18/24, OptimizeRX Corp (NASDAQ: OPRX) stock declined by -3.8%, closing at $12.21. Moreover, this decline was accompanied by unusually high trading volume at 157% of normal. The stock has declined -24.5% during the last week but has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be below the cost of capital, OPRX is expected to continue to be a modest Value Eraser.
OptimizeRX has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. OptimizeRX has a very low Appreciation Score of 13 but a good Power Rating of 78, with the Low Neutral Value Trend Rating the result.
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