Recent exceptional positive changes in investment behavior have benefitted First US Bancshares Inc (NASDAQ: FUSB): the stock rose on very heavy volume, and positive upside/downside volume developed.
Recent significant positive changes in fundamentals have benefitted First US Bancshares Inc (NASDAQ: FUSB): 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.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, FUSB is expected to continue to be Value Creation neutral.
First US Bancshares 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. First US Bancshares has a slightly positive Appreciation Score of 63 and a very high Power Rating of 87, producing the Highest Value Trend Rating.
Recent Price Action
First US Bancshares Inc (NASDAQ: FUSB) stock closed at $10.44 on 12/15/23 after a very large increase of 7.6%. Moreover, trading volume in this advance was exceptionally high at 439% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 11.9% during the last week.
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