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small-cap

One NASDAQ– Listed Technology Stock at Resistance Levels: Sterling Check Corporation

Mar 08, 2024 | Team Kalkine
One NASDAQ– Listed Technology Stock at Resistance Levels: Sterling Check Corporation

STER:NASDAQ
Investment Type
Small-Cap
Risk Level
Action
Rec. Price (US$)

Sterling Check Corporation

Company Overview: Sterling Check Corp. (NASDAQ: STER) is a provider of technology-enabled background and identity verification services. The Company offers a comprehensive hiring and risk management solution that begins with identity verification, followed by criminal background screening, credential verification, drug and health screening, processing of employee documentation required for onboarding and ongoing risk monitoring.

As per our previous US Daily report published on ‘STER’ on 09th February 2023, Kalkine provided a ‘Buy’ stance on the stock at USD 13.81 based on “latest quarter results, a correction in the stock price, industry above margins, upside indicated by valuation, and key risk associated with business and the stock price has now moved by ~15.93% since then and the price has achieved both resistance levels.

Noted below are the details of support and resistance levels provided in our previous report:

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