Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for Kingsway Financial Services Inc. (NYSE: KFS) rose significantly during the last several trading days. KFS’ current Value Trend Rating is A and the prior Rating was C. Details supporting this higher rating are included in our next report.
Recent Price Action
Kingsway Financial Services Inc. (NYSE: KFS) stock declined by -2.8% on 4/12/24. The shares closed at $8.24. Trading volume in this decline was normal. The stock has performed in line with the market over the last nine months and has declined -1.6% during the last week.
Current PriceTarget Research Rating
KFS’ future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Kingsway Financial Services has a current Value Trend Rating of A (Highest Rating). This VT Rating rose significantly in recent days from C previously. This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Kingsway Financial Services has a slightly positive Power Rating of 65 and a good Appreciation Score of 79, triggering the Highest Value Trend Rating.
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