First Foundation Inc (NYSE: FFWM) stock closed at $7.66 on 11/6/24 after a major increase of 16.9%. Moreover, this advance was accompanied by exceptionally high trading volume at 296% of normal. The stock has risen 5.9% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, FFWM is expected to be a modest Value Builder.
First Foundation has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. First Foundation has a neutral Power Rating of 55 but a very high Appreciation Score of 91, with the Highest Value Trend Rating the result.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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