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QHR Technologies Inc. - Recent acquisitions
Thursday - December 17, 2009
Category: Investment
UPFRONT
Recent acquisitions should add to economies of scale, increase operating efficiencies, improve margins, and raise valuation parameters. As investors come to appreciate the Companys potential, the stock should break out from its narrow trading band of the past few months.
RECOMMENDATION
We recommend QHR Technologies Inc. as a Speculative Buy for risk-tolerant investors. Our 12-month Target Price for the stock is $1.60, significantly above its current price.
THE COMPANY
QHR Technologies Inc. is a Kelowna, BC-based producer, marketer, and servicer of business software for the healthcare and social services markets. Its operations are conducted through two divisions:
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