Stock Rating Upgrade
Recently the Value Trend Rating for Farmers National Banc Corp/OH (NASDAQ: FMNB) improved from C to B reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
Farmers National Banc Corp/OH (NASDAQ: FMNB) stock increased 1.1% on 9/13/24. The shares closed at $15.10. However, trading volume in this advance was unusually low at 62% of normal. The stock has performed in line with the market over the last nine months and has risen 0.7% during the last week.
Current PriceTarget Research Rating
FMNB’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
Farmers National Banc has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Farmers National Banc has a slightly positive Appreciation Score of 66 and a slightly positive Power Rating of 68, triggering the Positive Value Trend Rating.
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