Extremely significant negative changes in Fidelity D & D Bancorp Inc (NASDAQ: FDBC) investment behavior have recently occurred: the stock’s recent price decline challenged its longer term uptrend, its shorter term price trend turned down, the stock fell on very heavy volume, and negative upside/downside volume developed.
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
FDBC is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Fidelity D & D Bancorp has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Fidelity D & D Bancorp has a neutral Appreciation Score of 44 and a neutral Power Rating of 54, leading to the Neutral Value Trend Rating.
Recent Price Action
On 10/1/24, Fidelity D & D Bancorp Inc (NASDAQ: FDBC) stock declined by -2.1%, closing at $48.31. Moreover, exceptionally high trading volume at 259% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and has declined -3.0% during the last week.
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