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Computer Systems Vaults To New High.(B)(NASDAQ STOCKS IN THE NEWS)
Byline: Jonah Keri
Computer Programs & Systems debuted at 17 a share on May 21. The stock hit a high above 23 in late June, then began digesting its gains. It broke through resistance between 23 and 24 on Friday, surging to a new high on massive volume.
The provider of tech systems and services to health care providers has posted 58% and 38% year-over-year profit growth in its first two quarters as a public company, according to First Call. Sales rose 25% and 24% during that time. The firm gets an SMR Rating of A.
Note the stock's ...
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