Extremely important positive changes in investment behavior have recently occurred for First Financial Corp/IN (NASDAQ: THFF): positive upside/downside volume developed, and the stock’s recent price rise disrupted its longer term downtrend.
First Financial Corp/IN (NASDAQ: THFF). Significant positive changes in fundamentals have recently occurred: the stock’s power rating rose above 70, and significant quarterly sales 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
Reflecting future returns on capital that are forecasted to exceed the cost of capital, THFF is expected to continue to be a Value Builder.
First Financial has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. First Financial has a slightly positive Appreciation Score of 67 and a good Power Rating of 83, and the Highest Value Trend Rating results.
Recent Price Action
First Financial Corp/IN (NASDAQ: THFF) stock declined modestly by -2.0% on 1/3/24. The stock closed at $41.98. However, this decline was accompanied by below average trading volume at 79% of normal. The stock has been exceptionally strong relative to the market over the last nine months but has declined -4.8% during the last week.
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