For its third fiscal quarter (ending September 30), Western New England Bancorp Inc (NASDAQ: WNEB) has reported E.P.S. of $0.09 compared to $0.21 a year ago. For the latest four quarters through September 30, E.P.S. were $0.52 compared to $1.00 a year ago.
Recent Price Action
On 10/23/24, Western New England Bancorp Inc (NASDAQ: WNEB) stock rose modestly by 0.7%, closing at $8.68. However, trading volume in this advance was unusually low at 62% of normal. Relative to the market the stock has been strong over the last nine months but has declined -2.0% during the last week.
Current PriceTarget Research Rating
WNEB is expected to continue to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
Western New England Bancorp has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Western New England Bancorp has a neutral Appreciation Score of 46 but a good Power Rating of 71, triggering the High Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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