SB Financial Group Inc (NASDAQ: SBFG). Extremely significant negative changes in investment behavior have recently occurred: negative upside/downside volume developed, and the stock fell on very heavy volume.
SB Financial Group Inc (NASDAQ: SBFG) suffers from important negative changes in fundamentals: the stock’s power rating fell below 50, and the consensus estimate for December, 2024 decreased significantly.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be in line with the cost of capital, SBFG is expected to continue to be Value Creation neutral.
SB Financial Group has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. SB Financial Group has a good Appreciation Score of 70 but a neutral Power Rating of 48, triggering the High Neutral Value Trend Rating.
Recent Price Action
On 4/30/24, SB Financial Group Inc (NASDAQ: SBFG) stock declined modestly by -1.9%, closing at $13.38. Moreover, trading volume in this decline was exceptionally high at 239% of normal. The stock has performed in line with the market over the last nine months and has declined -1.0% during the last week.
Be the first to comment