Healthcare Services Group Inc (NASDAQ: HCSG) has recently experienced important negative changes in fundamentals: the stock’s power rating fell below 50, the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2025 decreased significantly.
Recent meaningful negative changes in investment behavior have impacted Healthcare Services Group Inc (NASDAQ: HCSG): its longer term price trend turned down.
In light of these highly negative signals we are reviewing our current Overall Rating of D. We would continue to view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
Healthcare Services Group has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Healthcare Services Group has a neutral Power Rating of 49 and a slightly negative Appreciation Score of 36, leading to the Negative Value Trend Rating.
Recent Price Action
Healthcare Services Group Inc (NASDAQ: HCSG) stock increased 1.7% on 11/26/24. The shares closed at $12.13. Moreover, trading volume in this advance was above average at 121% of normal. Relative to the market the stock has been weak over the last nine months but has risen 8.0% during the last week.
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