Recent exceptional negative changes in investment behavior have affected Central Valley Community Bancorp (NASDAQ: CWBC): its longer term price trend turned down, its shorter term price trend turned down, and negative upside/downside volume developed.
Recent marginal negative changes in fundamentals have affected Central Valley Community Bancorp (NASDAQ: CWBC): significant quarterly earnings deceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
CVCY is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Central Valley Community Bancorp has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Central Valley Community Bancorp has a good Appreciation Score of 74 but a neutral Power Rating of 40, triggering the Neutral Value Trend Rating.
Recent Price Action
Central Valley Community Bancorp (NASDAQ: CWBC) stock declined slightly by -0.6% on 9/25/24. The stock closed at $19.26. However, below average trading volume at 69% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and has declined -6.3% during the last week.
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