Computer Programs and Systems (CPSI) : During the past 4 weeks, traders have been relatively bearish on Computer Programs and Systems (CPSI), hence the stock is down -37.97% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -6.84% relative to the S&P 500. The 4-week change in the price of the stock is -37.73% and the stock has fallen -6.87% in the past 1 week.
Computer Programs & Systems Inc. has dropped 38.07% during the last 3-month period . Year-to-Date the stock performance stands at -47.42%. The stock has recorded a 20-day Moving Average of 24.42% and the 50-Day Moving Average is 31.74%.
Computer Programs and Systems (NASDAQ:CPSI): The stock opened at $25.47 on Friday but the bulls could not build on the opening and the stock topped out at $25.64 for the day. The stock traded down to $25.14 during the day, due to lack of any buying support eventually closed down at $25.20 with a loss of -1.25% for the day. The stock had closed at $25.52 on the previous day. The total traded volume was 198,542 shares.
Also, Equity analysts at the Brokerage firm KeyBanc maintains its rating on Computer Programs and Systems (NASDAQ:CPSI). The rating major has initiated the coverage with underweight rating on the shares. The Analysts at KeyBanc raises the price target from $35 per share to $21 per share. The rating by the firm was issued on August 16, 2016.
Computer Programs and Systems, Inc. (CPSI) is a provider of healthcare information technology solutions for rural and community hospitals, with over 650 client hospitals in 46 states and the District of Columbia. The Company provides enterprise-wide clinical management, access management, patient financial management, health information management, strategic decision support, resource planning management and enterprise application integration solutions to healthcare organizations throughout the United States. Additionally, CPSI provides other information technology solutions, including business management services, remote hosting, networking technologies and other related services. TruBridge, LLC is a wholly owned subsidiary of CPSI. TruBridge provides business management, consulting and managed information technology (IT) services specifically targeted at rural and community healthcare organizations.