Alert: Major Price Advance (11/6/24)-Regional Management Corp (NYSE: RM).

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On 11/6/24, Regional Management Corp (NYSE: RM) stock enjoyed a major increase of 10.9%, closing at $32.89. Moreover, exceptionally high trading volume at 406% of normal accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 13.6% during the last week.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be above the cost of capital, RM is expected to continue to be an important Value Builder.

Regional Management 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. Regional Management has a very high Power Rating of 87 and a very high Appreciation Score of 90, resulting in 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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