QCR Holdings Inc (NASDAQ: QCRH). Extremely significant positive changes in investment behavior have recently occurred: its shorter term price trend turned up, the stock’s recent price rise disrupted its longer term downtrend, and the stock rose on very heavy volume.
Minimal positive changes in QCR Holdings Inc (NASDAQ: QCRH) fundamentals have recently occurred: significant quarterly earnings acceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of B. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
QCRH’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.
QCR Holdings has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. QCR Holdings has a neutral Power Rating of 59 but a good Appreciation Score of 80, with the Positive Value Trend Rating the result.
Recent Price Action
QCR Holdings Inc (NASDAQ: QCRH) stock enjoyed a large increase of 4.1% on 6/28/24. The stock closed at $60.00. Moreover, trading volume in this advance was exceptionally high at 630% of normal. The stock has been strong relative to the market over the last nine months and has risen 8.2% during the last week.
Be the first to comment