Alert: Major Price Advance (12/5/24)-CareCloud Inc (NASDAQ: CCLD).

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On 12/5/24, CareCloud Inc (NASDAQ: CCLD) stock enjoyed a major increase of 12.9%, closing at $3.95. Moreover, this advance was accompanied by unusually high trading volume at 186% of normal. The stock has risen 27.4% during the last week and has been exceptionally strong relative to the market over the last nine months.

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Current PriceTarget Research Rating

CareCloud has a current Value Trend Rating of A (Highest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. CareCloud has a good Appreciation Score of 79 and a very high Power Rating of 93, and the Highest Value Trend Rating results.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.

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