Alert: Positive Investment/Fundamental Signals (12/1/23)-Greene County Bancorp Inc (NASDAQ: GCBC)

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Greene County Bancorp Inc (NASDAQ: GCBC). Extremely significant positive changes in investment behavior have recently occurred: positive upside/downside volume developed, its shorter term price trend turned up, and the stock rose on very heavy volume.

Greene County Bancorp Inc (NASDAQ: GCBC). Marginal positive changes in fundamentals have recently occurred: significant quarterly sales acceleration occurred.

In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, GCBC is expected to continue to be a Value Builder.

Greene County Bancorp has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Greene County Bancorp has a neutral Appreciation Score of 48 but a good Power Rating of 75, resulting in the High Neutral Value Trend Rating.

Recent Price Action

Greene County Bancorp Inc (NASDAQ: GCBC) stock closed at $25.40 on 12/1/23 after an increase of 1.2%. Moreover, exceptionally high trading volume at 280% of normal accompanied the advance. The stock has been exceptionally strong relative to the market over the last nine months and has risen 5.0% during the last week.

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