Optimizerx Corporation (OPRX) has disclosed a new risk, in the Accounting & Financial Operations category.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Optimizerx Corporation faces increased financial vulnerability as it pivots away from non-essential ventures. The firm conducts annual evaluations of its goodwill and long-lived assets to assess potential impairments, with additional reviews triggered by business changes suggesting possible devaluation. A strategic reorientation has already precipitated impairment charges for certain assets, adversely affecting the company’s financial performance. This shift underscores the ongoing risk of similar charges impacting future operations, as detailed in the company’s financial disclosures.
The average OPRX stock price target is $16.17, implying 62.35% upside potential.
To learn more about Optimizerx Corporation’s risk factors, click here.