Recent exceptional positive changes in investment behavior have benefitted First US Bancshares Inc (NASDAQ: FUSB): its shorter term price trend turned up, and positive upside/downside volume developed.
Important positive changes in fundamentals have recently occurred for First US Bancshares Inc (NASDAQ: FUSB): significant quarterly earnings acceleration occurred, and significant quarterly sales acceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of B. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be in line with the cost of capital, FUSB is expected to continue to be Value Creation neutral.
First US Bancshares has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. First US Bancshares has a neutral Power Rating of 52 but a good Appreciation Score of 76, with the Positive Value Trend Rating the result.
Recent Price Action
First US Bancshares Inc (NASDAQ: FUSB) stock closed at $10.80 on 8/29/24 after an increase of 1.9%. However, below average trading volume at 77% of normal accompanied the advance. The stock has risen 2.8% during the last week and has performed in line with the market over the last nine months.
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