National Bankshares Inc (NASDAQ: NKSH) stock closed at $36.52 on 12/15/23 after a major increase of 13.6%. Moreover, this advance was accompanied by exceptionally high trading volume at 679% of normal. The stock has been weak relative to the market over the last nine months but has risen 28.2% during the last week.
Current PriceTarget Research Rating
NKSH’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.
National Bankshares has a current Value Trend Rating of F (Lowest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. National Bankshares has a slightly negative Power Rating of 34 and a poor Appreciation Score of 23, resulting in the Lowest Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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