Extremely significant positive changes in CF Bankshares Inc (NASDAQ: CFBK) investment behavior have recently occurred: positive upside/downside volume developed, and its longer term price trend turned up.
Important positive changes in CF Bankshares Inc (NASDAQ: CFBK) 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
CFBK is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
CF Bankshares has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. CF Bankshares has a good Power Rating of 75 and a good Appreciation Score of 79, and the Highest Value Trend Rating results.
Recent Price Action
CF Bankshares Inc (NASDAQ: CFBK) stock closed at $20.80 on 1/12/24 after a large increase of 2.4%. However, unusually low trading volume at 62% of normal accompanied the advance. The stock has been strong relative to the market over the last nine months and has risen 3.9% during the last week.
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