On 11/6/24, SmartFinancial Inc (NYSE: SMBK) stock enjoyed a major increase of 10.5%, closing at $36.86. Moreover, this advance was accompanied by exceptionally high trading volume at 249% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 11.2% during the last week.
Current PriceTarget Research Rating
SMBK’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.
SmartFinancial has a current Value Trend Rating of A (Highest Rating). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. SmartFinancial has a neutral Appreciation Score of 58 but a very high Power Rating of 99, triggering the Highest Value Trend Rating.
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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