First Foundation Inc (NYSE: FFWM) stock suffered a major decline of -23.9% on 7/3/24. The shares closed at $5.00. Moreover, this decline was accompanied by exceptionally high trading volume at 559% of normal. The stock has been weak relative to the market over the last nine months and has declined -5.5% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, FFWM is expected to be a modest Value Builder.
First Foundation has a current Value Trend Rating of B (Positive). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. First Foundation has a very high Appreciation Score of 92 but a slightly negative Power Rating of 39, producing the Positive Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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