First US Bancshares Inc (NASDAQ: FUSB) has benefited from exceptional positive changes in investment behavior: its shorter term price trend turned up, and positive upside/downside volume developed.
First US Bancshares Inc (NASDAQ: FUSB) has benefited from meaningful positive changes in fundamentals: significant quarterly earnings acceleration occurred, 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 be in line with the cost of capital, FUSB is expected to continue to be Value Creation neutral.
First US Bancshares has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. First US Bancshares has a good Power Rating of 71 and a good Appreciation Score of 73, producing the Highest Value Trend Rating.
Recent Price Action
On 5/7/24, First US Bancshares Inc (NASDAQ: FUSB) stock rose slightly by 0.2%, closing at $10.42. However, exceptionally low trading volume at 45% of normal accompanied the advance. Relative to the market the stock has been strong over the last nine months and has risen 3.0% during the last week.
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