Alert: Positive Investment/Fundamental Signals (6/21/24)-Pathfinder Bancorp Inc (NASDAQ: PBHC)

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Extremely significant positive changes in Pathfinder Bancorp Inc (NASDAQ: PBHC) investment behavior have recently occurred: the stock rose on very heavy volume, and positive upside/downside volume developed.

Recent meaningful positive changes in fundamentals have benefitted Pathfinder Bancorp Inc (NASDAQ: PBHC): significant quarterly earnings acceleration occurred, and significant quarterly sales acceleration occurred.

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.

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Current PriceTarget Research Rating

With future capital returns forecasted to exceed the cost of capital, PBHC is expected to continue to be a modest Value Builder.

Pathfinder Bancorp has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. Pathfinder Bancorp has a slightly positive Appreciation Score of 63 but a slightly negative Power Rating of 33, triggering the Neutral Value Trend Rating.

Recent Price Action

Pathfinder Bancorp Inc (NASDAQ: PBHC) stock increased 1.1% on 6/21/24. The shares closed at $12.75. Moreover, exceptionally high trading volume at 302% of normal accompanied the advance. The stock has been weak relative to the market over the last nine months but is unchanged during the last week.

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