Alert: Positive Investment/Fundamental Signals (11/17/23)-First US Bancshares Inc (NASDAQ: FUSB)

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First US Bancshares Inc (NASDAQ: FUSB) has benefited from significant positive changes in fundamentals: the stock’s power rating rose above 70, significant quarterly sales acceleration occurred, and significant quarterly earnings acceleration occurred.

Recent notable positive changes in investment behavior have benefitted First US Bancshares Inc (NASDAQ: FUSB): its shorter term price trend turned up.

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.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be in line with the cost of capital, FUSB is expected to continue to be Value Creation neutral.

First US Bancshares has a current Value Trend Rating of B (Positive). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. First US Bancshares has a slightly positive Appreciation Score of 66 and a good Power Rating of 75, triggering the Positive Value Trend Rating.

Recent Price Action

On 11/17/23, First US Bancshares Inc (NASDAQ: FUSB) stock enjoyed a very large increase of 6.3%, closing at $9.30. Relative to the market the stock has been strong over the last nine months and has risen 8.8% during the last week.

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