Alert: Negative Investment/Fundamental Signals (8/5/24)-MainStreet Bancshares Inc (NASDAQ: MNSB)

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MainStreet Bancshares Inc (NASDAQ: MNSB) has recently experienced significant negative changes in fundamentals: the consensus estimate for December, 2024 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2025 decreased significantly.

Extremely important negative changes in investment behavior have recently occurred for MainStreet Bancshares Inc (NASDAQ: MNSB): negative upside/downside volume developed, and its shorter term price trend turned down.

In light of these highly negative signals we are reviewing our current Overall Rating of D. We would continue to view the shares with caution pending completion of this review in the next several days.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be in line with the cost of capital, MNSB is expected to be Value Creation neutral.

MainStreet Bancshares has a current Value Trend Rating of D (Negative). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. MainStreet Bancshares has a neutral Appreciation Score of 53 but a very low Power Rating of 9, leading to the Negative Value Trend Rating.

Recent Price Action

MainStreet Bancshares Inc (NASDAQ: MNSB) stock closed at $15.91 on 8/5/24 after a decline of -2.4%. Trading volume in this decline was normal. Relative to the market the stock has been extremely weak over the last nine months and has declined -12.5% during the last week.

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