OptimizeRX Corp (NASDAQ: OPRX) stock enjoyed a major increase of 15.0% on 4/26/24. The shares closed at $10.12. Moreover, this advance was accompanied by exceptionally high trading volume at 339% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 8.2% during the last week.
Current PriceTarget Research Rating
OPRX is expected to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
OptimizeRX has a current Value Trend Rating of C (High Neutral). This VT Rating improved in recent days from C previously. The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. OptimizeRX has a slightly negative Appreciation Score of 33 but a very high Power Rating of 87, and the High 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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