Alert: Major Price Decline (4/1/24)-Intellinetics Inc (NYSEAMERICAN: INLX).


On 4/1/24, Intellinetics Inc (NYSEAMERICAN: INLX) stock suffered a major decline of -27.9%, closing at $6.37. Moreover, trading volume in this decline was exceptionally high at 290% of normal. The stock has declined -13.2% during the last week but has been exceptionally strong relative to the market over the last nine months.


Current PriceTarget Research Rating

With future capital returns forecasted to be below the cost of capital, INLX is expected to be a modest Value Eraser.

Intellinetics has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Intellinetics has a very low Appreciation Score of 8 but a very high Power Rating of 95, and the Neutral Value Trend Rating results.

Rating Review

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

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