Stock Rating Upgrade
During the last several trading days the Value Trend Rating for Virginia National Bankshares Cor (NASDAQ: VABK) improved from C to B reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
Virginia National Bankshares Cor (NASDAQ: VABK) stock closed at $38.29 on 10/11/24 after a modest gain of 0.3%. Moreover, trading volume in this advance was above average at 148% of normal. The stock has been exceptionally strong relative to the market over the last nine months but has declined -6.4% during the last week.
Current PriceTarget Research Rating
VABK’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
Virginia National Bankshares Cor has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Virginia National Bankshares Cor has a neutral Appreciation Score of 42 but a very high Power Rating of 88, triggering the Positive Value Trend Rating.
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