Alert: Positive Investment/Fundamental Signals (7/11/24)-Northeast Community Bancorp Inc (NASDAQ: NECB)

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

Significant positive changes in Northeast Community Bancorp Inc (NASDAQ: NECB) fundamentals have recently occurred: the consensus estimate for December, 2025 increased significantly, and the consensus estimate for December, 2024 increased significantly.

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.

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Current PriceTarget Research Rating

With future capital returns forecasted to be in line with the cost of capital, NECB is expected to be Value Creation neutral.

Northeast Community Bancorp has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Northeast Community Bancorp has a good Appreciation Score of 81 but a neutral Power Rating of 47, producing the Positive Value Trend Rating.

Recent Price Action

Northeast Community Bancorp Inc (NASDAQ: NECB) stock closed at $18.84 on 7/11/24 after a large increase of 4.0%. Moreover, exceptionally high trading volume at 204% of normal accompanied the advance. The stock has risen 5.1% during the last week and has performed in line with the market over the last nine months.

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