Enterprise Bancorp Inc/MA (NASDAQ: EBTC) stock closed at $42.80 on 12/9/24 after a major increase of 17.4%. Moreover, this advance was accompanied by exceptionally high trading volume at 1430% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 15.7% during the last week.
Current PriceTarget Research Rating
Enterprise Bancorp has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects complementary signals from PTR’s two proprietary measures of a stock’s attractiveness. Enterprise Bancorp has a slightly positive Appreciation Score of 66 and a very high Power Rating of 92, 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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