Trubridge Stock Price on October 3, 2024

TBRG Stock  USD 24.60  1.00  4.24%   
Below is the normalized historical share price chart for TruBridge extending back to May 21, 2002. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of TruBridge stands at 24.60, as last reported on the 30th of January, with the highest price reaching 24.90 and the lowest price hitting 24.26 during the day.
IPO Date
21st of May 2002
200 Day MA
13.128
50 Day MA
19.3926
Beta
0.611
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in TruBridge Stock, it is important to understand the factors that can impact its price. TruBridge is not too volatile given 3 months investment horizon. TruBridge owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.46, which indicates the firm had a 0.46 % return per unit of risk over the last 3 months. We were able to interpolate data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.04% are justified by taking the suggested risk. Use TruBridge Risk Adjusted Performance of 0.3745, coefficient of variation of 227.78, and Semi Deviation of 0.8828 to evaluate company specific risk that cannot be diversified away.
  
At this time, TruBridge's Other Stockholder Equity is most likely to increase significantly in the upcoming years. The TruBridge's current Stock Based Compensation To Revenue is estimated to increase to 0.02, while Common Stock is projected to decrease to roughly 13.2 K. . At this time, TruBridge's Price Cash Flow Ratio is most likely to decrease significantly in the upcoming years. TruBridge Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.4634

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Estimated Market Risk

 2.24
  actual daily
19
81% of assets are more volatile

Expected Return

 1.04
  actual daily
20
80% of assets have higher returns

Risk-Adjusted Return

 0.46
  actual daily
36
64% of assets perform better
Based on monthly moving average TruBridge is performing at about 36% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of TruBridge by adding it to a well-diversified portfolio.
Price Book
2.0402
Enterprise Value Ebitda
(21.32)
Price Sales
1.0718
Shares Float
12.6 M
Wall Street Target Price
21.2

TruBridge Main Headline on 3rd of October 2024

Filed transaction by TruBridge 10 Percent Owner. Grant, award or other acquisition pursuant to Rule 16b-3(d)

TruBridge Valuation on October 3, 2024

It is possible to determine the worth of TruBridge on a given historical date. On October 3, 2024 TruBridge was worth 11.94 at the beginning of the trading date compared to the closed value of 11.86. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of TruBridge stock. Still, in general, we apply an absolute valuation method to find TruBridge's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of TruBridge where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against TruBridge's related companies.
 Open High Low Close Volume
  11.83    12.03    11.78    11.97    27,568  
10/03/2024
  11.94    12.16    11.84    11.86    87,356  
  11.89    12.02    11.81    11.88    62,351  
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Open Value
11.94
11.86
Closing Value
18.67
Upside

TruBridge Trading Date Momentum on October 3, 2024

On October 04 2024 TruBridge was traded for  11.88  at the closing time. The top price for the day was 12.02  and the lowest listed price was  11.81 . The trading volume for the day was 62.4 K. The trading history from October 4, 2024 was a factor to the next trading day price rise. The trading price change against the next closing price was 0.17% . The trading price change against the current closing price is 8.43% .

TruBridge Fundamentals Correlations and Trends

By evaluating TruBridge's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among TruBridge's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. TruBridge financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About TruBridge Stock history

TruBridge investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for TruBridge is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in TruBridge will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing TruBridge stock prices may prove useful in developing a viable investing in TruBridge
Last ReportedProjected for Next Year
Common Stock Shares Outstanding16.3 M13 M
Net Income Applicable To Common Shares18.2 M16.5 M

TruBridge Quarterly Net Working Capital

40.62 Million

TruBridge Stock Technical Analysis

TruBridge technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of TruBridge technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of TruBridge trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

TruBridge Period Price Range

Low
January 30, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

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TruBridge January 30, 2025 Market Strength

Market strength indicators help investors to evaluate how TruBridge stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading TruBridge shares will generate the highest return on investment. By undertsting and applying TruBridge stock market strength indicators, traders can identify TruBridge entry and exit signals to maximize returns

TruBridge Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for TruBridge's price direction in advance. Along with the technical and fundamental analysis of TruBridge Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of TruBridge to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for TruBridge Stock analysis

When running TruBridge's price analysis, check to measure TruBridge's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TruBridge is operating at the current time. Most of TruBridge's value examination focuses on studying past and present price action to predict the probability of TruBridge's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TruBridge's price. Additionally, you may evaluate how the addition of TruBridge to your portfolios can decrease your overall portfolio volatility.
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