Computer Programs & Systems, Inc. (CPSI) stock has risen 6.62% over the past week and gets a Bearish rating from InvestorsObserver's Sentiment Indicator.
What is Stock Sentiment?
When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment.
Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.
InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.
Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.
What's Happening With CPSI Stock Today?
Computer Programs & Systems, Inc. (CPSI) stock has gained 10.09% while the S&P 500 is down -2.78% as of 2:53 PM on Wednesday, Sep 9. CPSI has gained $2.63 from the previous closing price of $26.02 on volume of 95,025 shares. Over the past year the S&P 500 has risen 11.87% while CPSI has gained 32.39%. CPSI earned $1.47 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 19.44.
To see InvestorsObserver's Sentiment Score for Computer Programs & Systems, Inc. click here.
More About Computer Programs & Systems, Inc.
Computer Programs and Systems Inc is a provider of healthcare solutions and services for community hospitals and post-acute care facilities. The company's segment includes Acute Care EHR, Post-acute Care EHR, and TruBridge. Acute Care EHR segment consists of acute care software solutions and support sales generated by Evident and Health and. Post-acute Care EHR segment consists of post-acute care software solutions and support sales generated by AHT, and TruBridge segment primarily consists of business management, consulting and managed IT services sales generated by TruBridge and the sale of Rycan's revenue cycle management workflow and automation software. It generates a majority of its revenue from the Acute Care EHR segment.
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