Extremely significant positive changes in CF Bankshares Inc (NASDAQ: CFBK) investment behavior have recently occurred: positive upside/downside volume developed, the stock’s recent price rise disrupted its longer term downtrend, and the stock rose on very heavy volume.
CF Bankshares Inc (NASDAQ: CFBK). Minimal positive changes in fundamentals have recently occurred: significant quarterly sales acceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
CFBK is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
CF Bankshares has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. CF Bankshares has a slightly positive Power Rating of 62 and a good Appreciation Score of 81, and the Highest Value Trend Rating results.
Recent Price Action
CF Bankshares Inc (NASDAQ: CFBK) stock closed at $20.00 on 7/16/24 after a large increase of 3.8%. Moreover, trading volume in this advance was exceptionally high at 216% of normal. The stock has risen 7.8% during the last week and has been strong relative to the market over the last nine months.
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