On 11/6/24, Peoples Bancorp of North Carolin (NASDAQ: PEBK) stock enjoyed a major increase of 14.2%, closing at $29.48. Moreover, exceptionally high trading volume at 213% of normal accompanied the advance. The stock has performed in line with the market over the last nine months and has risen 13.4% during the last week.
Current PriceTarget Research Rating
PEBK’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.
Peoples Bancorp of North Carolin has a current Value Trend Rating of C (High Neutral). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Peoples Bancorp of North Carolin has a neutral Power Rating of 50 and a slightly positive Appreciation Score of 69, triggering the High Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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