CurrencyWorks Inc. (CWRK:OTC) STA Research assigns a Speculative Buy

STA Research assigned a Speculative Buy rating, and a 12 month price target of $.40 per share.

Stock Target Advisor’s own stock analysis of CurrencyWorks Inc is Neutral, which is based on 1 positive signals and 1 negative signals. At the last closing, CurrencyWorks Inc’s stock price was USD 0.08. CurrencyWorks Inc’s stock price has changed by +7.69% over the past week, -28.81% over the past month and -92.15% over the last year.

CurrencyWorks is a vendor that can also participate in joint ventures to establish and develop branded corporate digital currencies in order to find solutions to problems that exist in the real world and to generate more transactions.

What we like:

Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers (for a hold period of at least 12 months) and is in the top quartile.

 

What we don’t like:

High Volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stocks