OptimumBank Holdings Inc (NASDAQ: OPHC). Extremely significant positive changes in investment behavior have recently occurred: the stock rose on very heavy volume, and positive upside/downside volume developed.
Recent meaningful positive changes in fundamentals have benefitted OptimumBank Holdings Inc (NASDAQ: OPHC): the stock’s power rating rose above 70, 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
Reflecting future returns on capital that are forecasted to fall short of the cost of capital, OPHC is expected to be a modest Value Eraser.
OptimumBank Holdings has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. OptimumBank Holdings has a good Appreciation Score of 73 and a good Power Rating of 85, resulting in the Highest Value Trend Rating.
Recent Price Action
OptimumBank Holdings Inc (NASDAQ: OPHC) stock enjoyed a very large increase of 7.7% on 1/10/24. The shares closed at $4.60. Moreover, this advance was accompanied by exceptionally high trading volume at 587% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 8.2% during the last week.
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