For its second fiscal quarter (ending June 30), MVB Financial Corp (NASDAQ: MVBF) has reported E.P.S. of $0.32 compared to $0.64 a year ago. For the latest four quarters through June 30, E.P.S. were $1.59 versus $1.47 for the same period a year ago.
Recent Price Action
MVB Financial Corp (NASDAQ: MVBF) stock closed at $23.84 on 7/29/24 after a decline of -3.8%. However, this decline was accompanied by exceptionally low trading volume at 45% of normal. The stock has been weak relative to the market over the last nine months but has risen 8.4% during the last week.
Current PriceTarget Research Rating
MVBF’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to be a modest Value Builder.
MVB Financial has a current Value Trend Rating of C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. MVB Financial has a slightly positive Appreciation Score of 62 but a poor Power Rating of 27, triggering the Low Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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