Broadway Financial Corp (NASDAQ: BYFC) stock closed at $6.24 on 9/25/24 after a major decline of -12.3%. Moreover, this decline was accompanied by exceptionally high trading volume at 210% of normal. The stock has declined -6.9% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be in line with the cost of capital, BYFC is expected to continue to be Value Creation neutral.
Broadway Financial has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Broadway Financial has a good Appreciation Score of 77 but a neutral Power Rating of 43, leading to the High Neutral Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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