At the time of writing, CoreCard Corporation [CCRD] stock is trading at $28.95, up 10.03%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The CCRD shares have gain 6.32% over the last week, with a monthly amount drifted -0.07%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
CoreCard Corporation [NYSE: CCRD] stock has seen the most recent analyst activity on October 03, 2024, when B. Riley Securities downgraded its rating to a Neutral and also revised its price target to $15 from $19. Previously, B. Riley Securities started tracking the stock with Buy rating on May 17, 2023, and set its price target to $30. On January 26, 2022, BTIG Research reiterated its Buy rating and revised its price target to $50 on the stock.
For the past year, the stock price of CoreCard Corporation fluctuated between $11.57 and $31.99. CoreCard Corporation [NYSE: CCRD] shares were valued at $28.95 at the most recent close of the market.
Analyzing the CCRD fundamentals
According to CoreCard Corporation [NYSE:CCRD], the company’s sales were 61.01M for trailing twelve months, which represents an 27.62% jump. Gross Profit Margin for this corporation currently stands at 0.42% with Operating Profit Margin at 0.14%, Pretax Profit Margin comes in at 0.14%, and Net Profit Margin reading is 0.11%. To continue investigating profitability, this company’s Return on Assets is posted at 0.11, Equity is 0.13 and Total Capital is 0.16. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.03.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 28.55 points at the first support level, and at 28.15 for the second support level. However, for the 1st resistance point, the stock is sitting at 29.55, and for the 2nd resistance point, it is at 30.15.
Ratios To Look Out For
It is important to note that CoreCard Corporation [NYSE:CCRD] has a current ratio of 4.96. In addition, the Quick Ratio stands at 4.96 and the Cash Ratio stands at 2.65. Considering the valuation of this stock, the price to sales ratio is 3.69, the price to book ratio is 4.17 and price to earnings (TTM) ratio is 33.69.
