Northfield Capital Corporation (CVE: NFD.A) has recently enjoyed exceptional positive changes in investment behavior: positive upside/downside volume developed, the stock’s recent price rise disrupted its longer term downtrend, and the stock rose on very heavy volume.
Recent marginal positive changes in fundamentals have benefitted Northfield Capital Corporation (CVE: NFD.A): significant quarterly earnings acceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
NFD.A is expected to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Northfield Capital has a current Value Trend Rating of A (Highest Rating). This rating combines complementary signals from two proprietary PTR measures of a stock’s attractiveness. Northfield Capital has a slightly positive Power Rating of 65 and a very high Appreciation Score of 95, producing the Highest Value Trend Rating.
Recent Price Action
On 7/15/19, Northfield Capital Corporation (CVE: NFD.A) stock increased 1.4%, closing at $35.00. Relative to the market the stock has been strong over the last nine months and has risen 1.4% during the last week.