Alert: Positive Investment/Fundamental Signals (11/14/23)-Union Bankshares Inc (NASDAQ: UNB)


Union Bankshares Inc (NASDAQ: UNB) has benefited from extremely meaningful positive changes in investment behavior: positive upside/downside volume developed, its longer term price trend turned up, and the stock rose on very heavy volume.

Recent marginal positive changes in fundamentals have benefitted Union Bankshares Inc (NASDAQ: UNB): 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

UNB’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.

Union Bankshares has a current Value Trend Rating of C (Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Union Bankshares has a slightly negative Appreciation Score of 35 but a slightly positive Power Rating of 68, with the Neutral Value Trend Rating the result.

Recent Price Action

Union Bankshares Inc (NASDAQ: UNB) stock closed at $28.43 on 11/14/23 after a very large increase of 6.7%. The stock has risen 7.9% during the last week and has been strong relative to the market over the last nine months.

Be the first to comment

Leave a Reply

Your email address will not be published.