Alert: Major Price Decline (10/24/24)-Northfield Capital Corp (CVE: NFD.A).

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Northfield Capital Corp (CVE: NFD.A) stock closed at $21.00 on 10/24/24 after a major decline of -25.0%. Moreover, trading volume in this decline was exceptionally high at 4800% of normal. The stock has declined -25.0% during the last week and has been weak relative to the market over the last nine months.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be in line with the cost of capital, NFD.A is expected to continue to be Value Creation neutral.

Northfield Capital has a current Value Trend Rating of F (Lowest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Northfield Capital has a poor Power Rating of 29 and a poor Appreciation Score of 24, producing the Lowest Value Trend Rating.

Rating Review

In light of this highly negative price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.

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