Extremely significant positive changes in Pathward Financial Inc (NASDAQ: CASH) investment behavior have recently occurred: positive upside/downside volume developed, the stock’s recent price rise disrupted its longer term downtrend, and the stock rose on very heavy volume.
Recent minimal positive changes in fundamentals have benefitted Pathward Financial Inc (NASDAQ: CASH): significant quarterly earnings acceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, CASH is expected to continue to be a major Value Builder.
Pathward Financial has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Pathward Financial has a neutral Power Rating of 56 and a slightly positive Appreciation Score of 62, producing the High Neutral Value Trend Rating.
Recent Price Action
On 6/28/24, Pathward Financial Inc (NASDAQ: CASH) stock rose modestly by 0.9%, closing at $56.57. Moreover, exceptionally high trading volume at 264% of normal accompanied the advance. The stock has performed in line with the market over the last nine months and has risen 4.0% during the last week.
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