Alert: Positive Investment/Fundamental Signals (12/14/23)-MVB Financial Corp (NASDAQ: MVBF)


MVB Financial Corp (NASDAQ: MVBF) has benefited from exceptional positive changes in investment behavior: the stock rose on very heavy volume, and positive upside/downside volume developed.

Recent meaningful positive changes in fundamentals have benefitted MVB Financial Corp (NASDAQ: MVBF): 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 B. We would continue to view the shares with optimism pending completion of this review in the next several days.


Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, MVBF is expected to be a modest Value Builder.

MVB Financial has a current Value Trend Rating of B (Positive). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. MVB Financial has a slightly positive Appreciation Score of 68 and a good Power Rating of 72, leading to the Positive Value Trend Rating.

Recent Price Action

On 12/14/23, MVB Financial Corp (NASDAQ: MVBF) stock enjoyed a large increase of 3.7%, closing at $22.50. Moreover, exceptionally high trading volume at 271% of normal accompanied the advance. The stock has risen 10.0% during the last week and has been exceptionally strong relative to the market over the last nine months.

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