Citizens & Northern Corp (NASDAQ: CZNC). Extremely significant positive changes in investment behavior have recently occurred: positive upside/downside volume developed, and the stock’s recent price rise disrupted its longer term downtrend.
Citizens & Northern Corp (NASDAQ: CZNC). Meaningful positive changes in fundamentals have recently occurred: significant quarterly earnings acceleration occurred, and 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.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, CZNC is expected to continue to be a modest Value Builder.
Citizens & Northern has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Citizens & Northern has a neutral Appreciation Score of 47 and a slightly positive Power Rating of 68, producing the Neutral Value Trend Rating.
Recent Price Action
Citizens & Northern Corp (NASDAQ: CZNC) stock declined by -3.6% on 1/3/24. The shares closed at $21.95. NORMAL trading volume accompanied the decline. Relative to the market the stock has been strong over the last nine months but has declined -5.5% during the last week.
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