Stock Rating Upgrade
The Value Trend Rating for FVCBankcorp Inc (NASDAQ: FVCB) improved recently from D to C reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
On 9/13/24, FVCBankcorp Inc (NASDAQ: FVCB) stock enjoyed a very large increase of 7.3%, closing at $12.33. However, trading volume in this advance was unusually low at 54% of normal. The stock has risen 7.7% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
FVCB is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
FVCBankcorp has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. FVCBankcorp has a slightly positive Appreciation Score of 62 but a slightly negative Power Rating of 32, resulting in the Low Neutral Value Trend Rating.
Be the first to comment