MVB Financial Corp (NASDAQ: MVBF) stock enjoyed a major increase of 19.0% on 11/6/24. The shares closed at $22.59. Moreover, exceptionally high trading volume at 366% of normal accompanied the advance. The stock has performed in line with the market over the last nine months and has risen 10.2% during the last week.
Current PriceTarget Research Rating
MVBF’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to be a modest Value Builder.
MVB Financial has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. MVB Financial has a good Appreciation Score of 70 but a neutral Power Rating of 41, triggering the Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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