First Community Corp (NASDAQ: FCCO) stock enjoyed a major increase of 10.7% on 7/16/24. The shares closed at $19.61. However, this advance was accompanied by unusually low trading volume at 52% of normal. The stock has risen 18.6% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
FCCO’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to be a modest Value Builder.
First Community has a current Value Trend Rating of C (Neutral). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. First Community has a slightly positive Appreciation Score of 66 and a neutral Power Rating of 41, producing the Neutral Value Trend Rating.
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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