Broadway Financial Corp (NASDAQ: BYFC) stock enjoyed a major increase of 11.9% on 11/14/23. The shares closed at $6.89. The stock has been weak relative to the market over the last nine months but has risen 17.8% during the last week.
Current PriceTarget Research Rating
BYFC’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to continue to be Value Creation neutral.
Broadway Financial has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Broadway Financial has a good Appreciation Score of 77 but a poor Power Rating of 27, and the Neutral Value Trend Rating results.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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