Alert: Positive Investment/Fundamental Signals (11/6/23)-Northeast Community Bancorp Inc (NASDAQ: NECB)


Recent extremely meaningful positive changes in investment behavior have benefitted Northeast Community Bancorp Inc (NASDAQ: NECB): the stock’s recent price rise disrupted its longer term downtrend, and its longer term price trend turned up.

Recent notable positive changes in fundamentals have benefitted Northeast Community Bancorp Inc (NASDAQ: NECB): significant quarterly earnings acceleration occurred, and the stock’s power rating rose above 70.

In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.


Current PriceTarget Research Rating

NECB is expected to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Northeast Community Bancorp has a current Value Trend Rating of A (Highest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Northeast Community Bancorp has a slightly positive Appreciation Score of 69 and a good Power Rating of 83, triggering the Highest Value Trend Rating.

Recent Price Action

On 11/6/23, Northeast Community Bancorp Inc (NASDAQ: NECB) stock increased 1.4%, closing at $16.19. Relative to the market the stock has been strong over the last nine months and has risen 11.7% during the last week.

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