On 4/29/24, Riverview Bancorp Inc (NASDAQ: RVSB) stock suffered a major decline of -15.7%, closing at $3.75. Moreover, trading volume in this decline was exceptionally high at 384% of normal. Relative to the market the stock has been weak over the last nine months and has declined -14.0% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, RVSB is expected to continue to be Value Creation neutral.
Riverview Bancorp has a current Value Trend Rating of D (Negative). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Riverview Bancorp has a neutral Appreciation Score of 55 but a poor Power Rating of 23, triggering the Negative Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
Be the first to comment