Extremely significant negative changes in BCB Bancorp Inc (NASDAQ: BCBP) investment behavior have recently occurred: its longer term price trend turned down, its shorter term price trend turned down, and negative upside/downside volume developed.
Recent small negative changes in fundamentals have affected BCB Bancorp Inc (NASDAQ: BCBP): significant quarterly earnings deceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of B. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, BCBP is expected to continue to be a modest Value Builder.
BCB Bancorp has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. BCB Bancorp has a neutral Power Rating of 54 but a very high Appreciation Score of 85, resulting in the Positive Value Trend Rating.
Recent Price Action
BCB Bancorp Inc (NASDAQ: BCBP) stock closed at $12.34 on 9/30/24 after an increase of 1.1%. However, exceptionally low trading volume at 47% of normal accompanied the advance. The stock has declined -2.1% during the last week and has performed in line with the market over the last nine months.
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