Alert: Positive Investment/Fundamental Signals (7/22/24)-Franklin Financial Services Corp (NASDAQ: FRAF)

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Recent exceptional positive changes in investment behavior have benefitted Franklin Financial Services Corp (NASDAQ: FRAF): its shorter term price trend turned up, its longer term price trend turned up, positive upside/downside volume developed, and the stock rose on very heavy volume.

Recent small positive changes in fundamentals have benefitted Franklin Financial Services Corp (NASDAQ: FRAF): significant quarterly sales acceleration occurred.

In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

FRAF’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.

Franklin Financial Services has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Franklin Financial Services has a good Appreciation Score of 72 but a poor Power Rating of 29, triggering the Neutral Value Trend Rating.

Recent Price Action

Franklin Financial Services Corp (NASDAQ: FRAF) stock closed at $29.00 on 7/22/24 after a slight gain of 0.03%. Moreover, trading volume in this advance was exceptionally high at 233% of normal. The stock has risen 5.5% during the last week but has been weak relative to the market over the last nine months.

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