Stock Rating Upgrade
In recent days the Value Trend Rating for Magyar Bancorp Inc (NASDAQ: MGYR) improved from C to B reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
Magyar Bancorp Inc (NASDAQ: MGYR) stock closed at $14.68 on 12/27/24 after a large increase of 2.5%. However, this advance was accompanied by exceptionally low trading volume at 15% of normal. The stock has risen 2.8% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Magyar Bancorp has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Magyar Bancorp has a neutral Appreciation Score of 46 but a good Power Rating of 81, producing the Positive Value Trend Rating.
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