Analysts who follow CynergisTek Inc (CTEK) on average expect it to lose -100.00% over the next twelve months. Those same analysts give the stock an average rating of Sell.
That average rating earns the stock an Analyst Ranking of 6, which means it ranks higher than 6 of stocks, based on data compiled by InvestorsObserver.
Why are Analyst Ratings Important?
You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers.
InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.
What's Happening With CynergisTek Inc Stock Today?
CynergisTek Inc (CTEK) stock has gained 8.11% while the S&P 500 is down -0.77% as of 1:59 PM on Thursday, Jul 16. CTEK is up $0.15 from the previous closing price of $1.85 on volume of 245,584 shares. Over the past year the S&P 500 is up 7.29% while CTEK is down -58.59%. CTEK lost -$0.45 per share the over the last 12 months.
