Alert: Mixed Investment/Fundamental Signals (11/22/24)-LCNB Corp (NASDAQ: LCNB)

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LCNB Corp (NASDAQ: LCNB) has benefited from exceptional positive changes in fundamentals: the consensus estimate for December, 2024 increased significantly, significant quarterly sales acceleration occurred, the consensus estimate for December, 2025 increased significantly, and the stock’s power rating rose above 70.

. Positive development: the stock rose on very heavy volume. Negative development: negative upside/downside volume developed.

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

LCNB has a current Value Trend Rating of A (Highest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. LCNB has a good Appreciation Score of 75 and a good Power Rating of 77, leading to the Highest Value Trend Rating.

Recent Price Action

LCNB Corp (NASDAQ: LCNB) stock closed at $17.27 on 11/22/24 after a large increase of 2.2%. Moreover, trading volume in this advance was exceptionally high at 425% of normal. The stock has been strong relative to the market over the last nine months and has risen 2.7% during the last week.

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