Alerus Financial Corp (NASDAQ: ALRS) has recently experienced extremely important negative changes in investment behavior: its longer term price trend turned down, and negative upside/downside volume developed.
Alerus Financial Corp (NASDAQ: ALRS). Meaningful negative changes in fundamentals have recently occurred: the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2025 decreased significantly.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
Alerus Financial has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Alerus Financial has a neutral Appreciation Score of 54 and a slightly positive Power Rating of 67, with the High Neutral Value Trend Rating the result.
Recent Price Action
On 11/20/24, Alerus Financial Corp (NASDAQ: ALRS) stock declined slightly by -0.9%, closing at $21.50. However, this decline was accompanied by below average trading volume at 69% of normal. The stock has declined -7.3% during the last week but has been strong relative to the market over the last nine months.
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