On 5/31/24, Riverview Bancorp Inc (NASDAQ: RVSB) stock enjoyed a major increase of 12.1%, closing at $4.27. Moreover, trading volume in this advance was exceptionally high at 332% of normal. Relative to the market the stock has been extremely weak over the last nine months but has risen 9.2% during the last week.
Current PriceTarget Research Rating
RVSB’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to continue to be Value Creation neutral.
Riverview Bancorp has a current Value Trend Rating of C (Neutral). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Riverview Bancorp has a slightly positive Appreciation Score of 60 and a neutral Power Rating of 41, with the Neutral Value Trend Rating the result.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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