Stock Rating Upgrade
The Value Trend Rating for Community West Bancshares (NASDAQ: CWBC) improved of late from C to B reflecting improving fundamentals and high Appreciation Potential. Details supporting this higher rating are included in our next report.
Recent Price Action
On 1/12/24, Community West Bancshares (NASDAQ: CWBC) stock increased 1.2%, closing at $16.70. However, trading volume in this advance was unusually low at 54% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -1.9% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, CWBC is expected to continue to be a modest Value Builder.
Community West Bancshares has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Community West Bancshares has a neutral Appreciation Score of 42 but a very high Power Rating of 86, producing the Positive Value Trend Rating.
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