Alert: Major Price Advance (11/6/24)-Axos Financial Inc. (NYSE: AX).

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Axos Financial Inc. (NYSE: AX) stock closed at $81.55 on 11/6/24 after a major increase of 20.6%. Moreover, this advance was accompanied by exceptionally high trading volume at 421% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 23.0% during the last week.

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Current PriceTarget Research Rating

AX’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.

Axos Financial has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Axos Financial has a good Power Rating of 81 and a very high Appreciation Score of 86, producing the Highest Value Trend Rating.

Rating Review

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

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