Recent extremely meaningful positive changes in investment behavior have benefitted First Financial Corp/IN (NASDAQ: THFF): 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.
Recent marginal positive changes in fundamentals have benefitted First Financial Corp/IN (NASDAQ: THFF): significant quarterly sales 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
Reflecting future returns on capital that are forecasted to exceed the cost of capital, THFF is expected to continue to be a modest Value Builder.
First Financial has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. First Financial has a good Appreciation Score of 84 but a neutral Power Rating of 40, leading to the Positive Value Trend Rating.
Recent Price Action
First Financial Corp/IN (NASDAQ: THFF) stock closed at $44.82 on 7/16/24 after a very large increase of 6.2%. Moreover, this advance was accompanied by exceptionally high trading volume at 204% of normal. The stock has risen 23.6% during the last week but has been weak relative to the market over the last nine months.
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