Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Virginia National Bankshares Cor (NASDAQ: VABK) weakened of late. VABK’s current Value Trend Rating is D and the prior Rating was C. Details supporting this lower rating are included in our next report.
Recent Price Action
On 6/7/24, Virginia National Bankshares Cor (NASDAQ: VABK) stock declined by -2.9%, closing at $29.55. However, exceptionally low trading volume at 11% of normal accompanied the decline. The stock has been weak relative to the market over the last nine months and has declined -0.5% during the last week.
Current PriceTarget Research Rating
VABK’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
Virginia National Bankshares Cor has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Virginia National Bankshares Cor has a neutral Appreciation Score of 52 and a slightly negative Power Rating of 31, producing the Negative Value Trend Rating.
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