Alert: Positive Investment/Fundamental Signals (12/15/23)-CF Bankshares Inc (NASDAQ: CFBK)


Extremely important positive changes in investment behavior have recently occurred for CF Bankshares Inc (NASDAQ: CFBK): its shorter term price trend turned up, the stock’s recent price rise disrupted its longer term downtrend, positive upside/downside volume developed, and the stock rose on very heavy volume.

CF Bankshares Inc (NASDAQ: CFBK). Small positive changes in fundamentals have recently occurred: significant quarterly sales acceleration occurred.

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

CFBK’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.

CF Bankshares has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. CF Bankshares has a neutral Power Rating of 53 but a good Appreciation Score of 84, producing the Positive Value Trend Rating.

Recent Price Action

CF Bankshares Inc (NASDAQ: CFBK) stock enjoyed a very large increase of 5.4% on 12/15/23. The shares closed at $17.85. Moreover, this advance was accompanied by exceptionally high trading volume at 776% of normal. The stock has performed in line with the market over the last nine months and has risen 6.3% during the last week.

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