On 10/16/24, Broadway Financial Corp (NASDAQ: BYFC) stock enjoyed a major increase of 22.2%, closing at $7.65. Moreover, exceptionally high trading volume at 455% of normal accompanied the advance. The stock has performed in line with the market over the last nine months and has risen 26.2% during the last week.
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 B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Broadway Financial has a neutral Power Rating of 57 but a good Appreciation Score of 80, with the Positive Value Trend Rating the result.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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