Alert: Major Price Advance (7/22/24)-Bank of the James Financial Grou (NASDAQ: BOTJ).

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Bank of the James Financial Grou (NASDAQ: BOTJ) stock enjoyed a major increase of 22.2% on 7/22/24. The shares closed at $14.50. Moreover, this advance was accompanied by exceptionally high trading volume at 1858% of normal. The stock has performed in line with the market over the last nine months and has risen 26.6% during the last week.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be above the cost of capital, BOTJ is expected to continue to be a modest Value Builder.

Bank of the James Financial Grou has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Bank of the James Financial Grou has a good Appreciation Score of 78 but a neutral Power Rating of 45, triggering the Positive Value Trend Rating.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.

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