Is Computer Programs and Systems Inc (CPSI) Stock About to Get Hot Friday?

Friday, September 08, 2023 10:10 AM | InvestorsObserver Analysts

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Is Computer Programs and Systems Inc (CPSI) Stock About to Get Hot Friday?

The market has been down on Computer Programs and Systems Inc (CPSI) stock recently. CPSI gets a Bearish score from InvestorsObserver Stock Sentiment Indicator.

Computer Programs and Systems Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on CPSI!

See Full CPSI Report

What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With CPSI Stock Today?

Computer Programs and Systems Inc (CPSI) stock is down -1.04% while the S&P 500 has gained 0.27% as of 9:54 AM on Friday, Sep 8. CPSI is down -$0.15 from the previous closing price of $14.41 on volume of 5,001 shares. Over the past year the S&P 500 has gained 12.14% while CPSI is down -52.55%. CPSI earned $0.34 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 42.6.

More About Computer Programs and 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. Click Here to get the full Stock Report for Computer Programs and Systems Inc stock.