Recent extremely meaningful positive changes in investment behavior have benefitted OptimumBank Holdings Inc (NASDAQ: OPHC): its shorter term price trend turned up, the stock’s recent price rise disrupted its longer term downtrend, positive upside/downside volume developed, and the stock rose on very heavy volume.
Recent minimal positive changes in fundamentals have benefitted OptimumBank Holdings Inc (NASDAQ: OPHC): significant quarterly sales acceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of B. We would continue to 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 below the cost of capital, OPHC is expected to be a modest Value Eraser.
OptimumBank Holdings has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. OptimumBank Holdings has a good Appreciation Score of 79 but a neutral Power Rating of 47, leading to the Positive Value Trend Rating.
Recent Price Action
OptimumBank Holdings Inc (NASDAQ: OPHC) stock closed at $3.30 on 11/14/23 after a large increase of 4.1%. The stock has risen 4.8% during the last week and has performed in line with the market over the last nine months.
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