Stock Rating Upgrade
In recent days the Value Trend Rating for Asure Software Inc (NASDAQ: ASUR) improved from D to C reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
Asure Software Inc (NASDAQ: ASUR) stock declined slightly by -0.2% on 8/9/24. The stock closed at $8.19. However, this decline was accompanied by unusually low trading volume at 52% of normal. The stock has performed in line with the market over the last nine months and has declined -18.0% during the last week.
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 C (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 highly consistent signals. Asure Software has a neutral Appreciation Score of 52 and a neutral Power Rating of 48, with the Neutral Value Trend Rating the result.
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