Alert: Positive Investment/Fundamental Signals (12/6/23)-Eagle Bancorp Montana Inc (NASDAQ: EBMT)

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Eagle Bancorp Montana Inc (NASDAQ: EBMT). 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.

Marginal positive changes in Eagle Bancorp Montana Inc (NASDAQ: EBMT) fundamentals have recently occurred: the consensus estimate for December, 2023 increased significantly.

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

Reflecting future returns on capital that are forecasted to exceed the cost of capital, EBMT is expected to be a modest Value Builder.

Eagle Bancorp Montana has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Eagle Bancorp Montana has a good Appreciation Score of 71 but a poor Power Rating of 23, resulting in the Low Neutral Value Trend Rating.

Recent Price Action

Eagle Bancorp Montana Inc (NASDAQ: EBMT) stock closed at $13.06 on 12/6/23 after a modest gain of 0.5%. Moreover, exceptionally high trading volume at 668% of normal accompanied the advance. The stock has risen 9.3% during the last week but has been weak relative to the market over the last nine months.

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