Alert: Positive Investment/Fundamental Signals (11/6/24)-OptimumBank Holdings Inc (NASDAQ: OPHC)

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Extremely significant positive changes in OptimumBank Holdings Inc (NASDAQ: OPHC) investment behavior have recently occurred: its shorter term price trend turned up, and positive upside/downside volume developed.

OptimumBank Holdings Inc (NASDAQ: OPHC) has recently enjoyed significant positive changes in fundamentals: significant quarterly earnings acceleration occurred, and significant quarterly sales acceleration occurred.

In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

OPHC’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.

OptimumBank Holdings has a current Value Trend Rating of A (Highest Rating). This rating combines complementary signals from two proprietary PTR measures of a stock’s attractiveness. OptimumBank Holdings has a slightly positive Power Rating of 68 and a very high Appreciation Score of 87, with the Highest Value Trend Rating the result.

Recent Price Action

OptimumBank Holdings Inc (NASDAQ: OPHC) stock increased 1.0% on 11/6/24. The shares closed at $4.85. However, this advance was accompanied by below average trading volume at 71% of normal. The stock has been strong relative to the market over the last nine months and has risen 1.3% during the last week.

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