For the current week, the overall ratings of three medical technology stocks are worse, according to the Portfolio Graderdatabase. Each of these rates a “D” (“sell”) or “F” overall (“strong sell”).
MedAssets, Inc.,’s (MDAS) rating falls to a D (“sell”) this week, down from C (“hold”) the week prior. MedAssets provides technology-enabled products and services for hospitals and health systems. In Portfolio Grader’s specific subcategories of Earnings Momentum and Earnings Revisions, MDAS also gets F’s. Shares of the stock have been trading at an exceptionally rapid pace, up threefold from the week prior. To get an in-depth look at MDAS, get Portfolio Grader’s complete analysis of MDAS stock.
Computer Programs and Systems, Inc. (CPSI) earns an F (“strong sell”) this week, moving down from last week’s grade of D (“sell”). Computer Programs and Systems is a healthcare information technology company that designs, develops, markets, installs, and supports computerized information technology systems for small and midsize hospitals. The stock gets F’s in Earnings Revisions and Earnings Surprise. As of Aug. 5, 2015, 15.8% of outstanding Computer Programs and Systems, Inc. shares were held short. For more information, get Portfolio Grader’s complete analysis of CPSI stock.
Slipping from a D to an F rating, athenahealth, Inc. (ATHN) takes a hit this week. Athenahealth provides ongoing billing, clinical-related, and other related services to medical group practices primarily in the United States. The stock also gets an F in Margin Growth. As of Aug. 5, 2015, 30.5% of outstanding athenahealth, Inc. shares were held short. The trailing PE Ratio for the stock is 697.30. To get an in-depth look at ATHN, get Portfolio Grader’s complete analysis of ATHN stock.
Louis Navellier’s proprietary Portfolio Grader stock ranking system assesses roughly 5,000 companies every week based on a number of fundamental and quantitative measures. Stocks are given a letter grade based on their results — with A being “strong buy,” and F being “strong sell.” Explore the tool here.