On 11/6/24, Farmers National Banc Corp/OH (NASDAQ: FMNB) stock enjoyed a major increase of 13.3%, closing at $15.98. Moreover, exceptionally high trading volume at 314% of normal accompanied the advance. Relative to the market the stock has been strong over the last nine months and has risen 15.3% during the last week.
Current PriceTarget Research Rating
FMNB’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
Farmers National Banc has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Farmers National Banc has a good Appreciation Score of 70 and a good Power Rating of 73, producing the Positive Value Trend Rating.
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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