Alert: Positive Investment/Fundamental Signals (12/4/23)-Union Bankshares Inc (NASDAQ: UNB)


Recent exceptional positive changes in investment behavior have benefitted Union Bankshares Inc (NASDAQ: UNB): the stock rose on very heavy volume, and positive upside/downside volume developed.

Recent significant positive changes in fundamentals have benefitted Union Bankshares Inc (NASDAQ: UNB): the stock’s power rating rose above 70, and 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 32 but a good Power Rating of 82, resulting in the Neutral Value Trend Rating.

Recent Price Action

On 12/4/23, Union Bankshares Inc (NASDAQ: UNB) stock enjoyed a very large increase of 5.9%, closing at $30.70. Moreover, exceptionally high trading volume at 245% of normal accompanied the advance. The stock has risen 8.7% during the last week and has been exceptionally 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Your email address will not be published.