Recent extremely meaningful positive changes in investment behavior have benefitted Citizens & Northern Corp (NASDAQ: CZNC): 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.
Citizens & Northern Corp (NASDAQ: CZNC) has recently enjoyed notable positive changes in fundamentals: significant quarterly earnings acceleration occurred, and 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
With future capital returns forecasted to be above the cost of capital, CZNC is expected to continue to be a modest Value Builder.
Citizens & Northern has a current Value Trend Rating of C (Low Neutral). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Citizens & Northern has a neutral Appreciation Score of 48 and a neutral Power Rating of 44, producing the Low Neutral Value Trend Rating.
Recent Price Action
Citizens & Northern Corp (NASDAQ: CZNC) stock enjoyed a very large increase of 5.4% on 11/14/23. The shares closed at $20.77. The stock has performed in line with the market over the last nine months and has risen 8.7% during the last week.
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