HMN Financial Inc (NASDAQ: HMNF). Extremely important positive changes in investment behavior have recently occurred: its longer term price trend turned up, the stock’s recent price rise disrupted its longer term downtrend, positive upside/downside volume developed, and its shorter term price trend turned up.
Positive development: significant quarterly sales acceleration occurred. Negative development: the stock’s power rating fell below 50.
In light of these very positive signals we are reviewing our current Overall Rating of D. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
HMNF’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to continue to be Value Creation neutral.
HMN Financial has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. HMN Financial has a neutral Power Rating of 46 and a slightly negative Appreciation Score of 36, leading to the Negative Value Trend Rating.
Recent Price Action
HMN Financial Inc (NASDAQ: HMNF) stock closed at $22.87 on 5/21/24 after an increase of 1.9%. However, this advance was accompanied by exceptionally low trading volume at 25% of normal. The stock has risen 16.6% during the last week and has performed in line with the market over the last nine months.
Be the first to comment