On 8/9/24, Computer Programs and Systems In (NASDAQ: CPSI) stock enjoyed a major increase of 24.5%, closing at $12.57. Moreover, above average trading volume at 146% of normal accompanied the advance. The stock has performed in line with the market over the last nine months and has risen 16.2% during the last week.
Current PriceTarget Research Rating
CPSI is expected to continue to be a Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Computer Programs and Systems In has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. Computer Programs and Systems In has a slightly positive Appreciation Score of 69 but a poor Power Rating of 27, 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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