Nicholas Financial Inc (NASDAQ: NICK) stock enjoyed a major increase of 12.3% on 9/20/24. The shares closed at $6.75. Moreover, exceptionally high trading volume at 453% of normal accompanied the advance. The stock has been weak relative to the market over the last nine months but has risen 10.7% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, NICK is expected to continue to be Value Creation neutral.
Nicholas Financial has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Nicholas Financial has a poor Power Rating of 27 and a poor Appreciation Score of 16, with the Lowest Value Trend Rating the result.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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