Recent extremely meaningful positive changes in investment behavior have benefitted Codorus Valley Bancorp Inc (NASDAQ: CVLY): its shorter term price trend turned up, the stock’s recent price rise disrupted its longer term downtrend, and the stock rose on very heavy volume.
Codorus Valley Bancorp Inc (NASDAQ: CVLY) has benefited from slight positive changes in fundamentals: significant quarterly sales acceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
CVLY is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Codorus Valley Bancorp has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Codorus Valley Bancorp has a neutral Power Rating of 46 and a neutral Appreciation Score of 44, resulting in the Low Neutral Value Trend Rating.
Recent Price Action
On 11/14/23, Codorus Valley Bancorp Inc (NASDAQ: CVLY) stock increased 1.7%, closing at $20.70. The stock has performed in line with the market over the last nine months and has risen 3.0% during the last week.
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