Alert: Rating Downgrade (6/14/24)-Bank of the James Financial Grou (NASDAQ: BOTJ).

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Stock Rating Downgrade

Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Bank of the James Financial Grou (NASDAQ: BOTJ) weakened in recent days. BOTJ’s current Value Trend Rating is C and the prior Rating was B. Details supporting this lower rating are included in our next report.

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Recent Price Action

Bank of the James Financial Grou (NASDAQ: BOTJ) stock closed at $10.81 on 6/14/24 after a slight decline of -0.8%. However, exceptionally low trading volume at 8% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and is unchanged during the last week.

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be above the cost of capital, BOTJ is expected to continue to be a modest Value Builder.

Bank of the James Financial Grou has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Bank of the James Financial Grou has a good Appreciation Score of 78 but a neutral Power Rating of 44, leading to the High Neutral Value Trend Rating.

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