Recent exceptional positive changes in investment behavior have benefitted SB Financial Group Inc (NASDAQ: SBFG): its shorter term price trend turned up, the stock’s recent price rise disrupted its longer term downtrend, positive upside/downside volume developed, and the stock rose on very heavy volume.
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
With future capital returns forecasted to be in line with the cost of capital, SBFG is expected to continue to be Value Creation neutral.
SB Financial Group has a current Value Trend Rating of C (Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. SB Financial Group has a slightly positive Appreciation Score of 68 but a slightly negative Power Rating of 34, producing the Neutral Value Trend Rating.
Recent Price Action
SB Financial Group Inc (NASDAQ: SBFG) stock closed at $14.50 on 5/24/24 after a very large increase of 5.1%. Moreover, exceptionally high trading volume at 293% of normal accompanied the advance. The stock has been weak relative to the market over the last nine months but has risen 6.6% during the last week.
Be the first to comment