On 11/6/24, TrustCo Bank Corp NY (NASDAQ: TRST) stock enjoyed a major increase of 13.3%, closing at $37.55. Moreover, trading volume in this advance was exceptionally high at 352% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 12.5% during the last week.
Current PriceTarget Research Rating
TRST’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.
TrustCo Bank has a current Value Trend Rating of A (Highest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. TrustCo Bank has a slightly positive Appreciation Score of 70 and a good Power Rating of 82, triggering 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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