Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Provident Bancorp Inc (NASDAQ: PVBC) weakened during the last several trading days. PVBC’s current Value Trend Rating is C and the prior Rating was B. Details supporting this lower rating are included in our next report.
Recent Price Action
Provident Bancorp Inc (NASDAQ: PVBC) stock closed at $11.06 on 4/4/25 after a decline of -3.2%. Moreover, exceptionally high trading volume at 227% of normal accompanied the decline. The stock has declined -6.4% during the last week but has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Provident Bancorp has a current Value Trend Rating of C (Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Provident Bancorp has a slightly negative Appreciation Score of 37 but a slightly positive Power Rating of 68, triggering the Neutral Value Trend Rating.
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