Alert: Negative Investment/Fundamental Signals (2/8/19)-Northfield Capital Corporation (CVE: NFD.A)

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Northfield Capital Corporation (CVE: NFD.A) suffers from extremely significant negative changes in investment behavior: the stock’s recent price decline challenged its longer term uptrend, its shorter term price trend turned down, the stock fell on very heavy volume, and negative upside/downside volume developed.

Northfield Capital Corporation (CVE: NFD.A) has recently experienced marginal negative changes in fundamentals: significant quarterly earnings deceleration occurred.

In light of these highly negative signals we are reviewing our current Overall Rating of A. We would view the shares with caution pending completion of this review in the next several days.

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Current PriceTarget Research Rating

NFD.A’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.

Northfield Capital has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Northfield Capital has a good Power Rating of 82 and a very high Appreciation Score of 97, producing the Highest Value Trend Rating.

Recent Price Action

Northfield Capital Corporation (CVE: NFD.A) stock suffered a very large decline of -6.0% on 2/8/19. The shares closed at $27.25. The stock has declined -6.0% during the last week but has been exceptionally strong relative to the market over the last nine months.

About John Lafferty 49646 Articles
During his career, John has developed valuation and stock rating methodologies, managed institutional portfolios and mutual funds, and provided equity research to institutional investors on thousands of companies. He has been Director of Research at PTR since its inception in 2004.

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