Stock Rating Upgrade
The Value Trend Rating for First Capital Inc (NASDAQ: FCAP) improved recently from D to C reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
First Capital Inc (NASDAQ: FCAP) stock was unchanged 0.0% on 4/8/24. The shares closed at $29.10. However, trading volume in this flat performance was exceptionally low at 0% of normal. The stock has been weak relative to the market over the last nine months but has risen 1.9% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, FCAP is expected to continue to be a Value Builder.
First Capital has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. First Capital has a neutral Appreciation Score of 47 and a neutral Power Rating of 41, leading to the Low Neutral Value Trend Rating.
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