On 5/8/24, Semler Scientific Inc (NASDAQ: SMLR) stock suffered a major decline of -25.3%, closing at $21.03. Moreover, exceptionally high trading volume at 522% of normal accompanied the decline. The stock has declined -17.6% during the last week but has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
SMLR’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
Semler Scientific has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Semler Scientific has a slightly positive Power Rating of 67 and a good Appreciation Score of 80, resulting in the Highest Value Trend Rating.
Rating Review
In light of this highly negative 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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