FVCBankcorp Inc (NASDAQ: FVCB). Extremely significant positive changes in investment behavior have recently occurred: its shorter term price trend turned up, its longer term price trend turned up, positive upside/downside volume developed, and the stock rose on very heavy volume.
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
FVCB is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
FVCBankcorp has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. FVCBankcorp has a slightly positive Appreciation Score of 68 but a slightly negative Power Rating of 36, leading to the Neutral Value Trend Rating.
Recent Price Action
FVCBankcorp Inc (NASDAQ: FVCB) stock closed at $13.00 on 7/17/24 after a very large increase of 6.3%. Moreover, exceptionally high trading volume at 255% of normal accompanied the advance. The stock has been weak relative to the market over the last nine months but has risen 25.5% during the last week.
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