Recent exceptional positive changes in investment behavior have benefitted Finward Bancorp (NASDAQ: FNWD): 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 notable positive changes in fundamentals have benefitted Finward Bancorp (NASDAQ: FNWD): significant quarterly earnings acceleration occurred, and the stock’s power rating rose above 70.
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 be in line with the cost of capital, FNWD is expected to be Value Creation neutral.
Finward Bancorp 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. Finward Bancorp has a neutral Appreciation Score of 48 but a good Power Rating of 72, resulting in the High Neutral Value Trend Rating.
Recent Price Action
Finward Bancorp (NASDAQ: FNWD) stock increased 1.1% on 7/15/24. The shares closed at $25.00. Moreover, trading volume in this advance was exceptionally high at 898% of normal. The stock has been strong relative to the market over the last nine months and has risen 0.6% during the last week.
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