Alert: Positive Investment/Fundamental Signals (12/15/23)-Codorus Valley Bancorp Inc (NASDAQ: CVLY)


Codorus Valley Bancorp Inc (NASDAQ: CVLY) has recently enjoyed extremely important positive changes in investment behavior: the stock rose on very heavy volume, and positive upside/downside volume developed.

Recent important positive changes in fundamentals have benefitted Codorus Valley Bancorp Inc (NASDAQ: CVLY): 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

Reflecting future returns on capital that are forecasted to exceed the cost of capital, CVLY is expected to continue to be a Value Builder.

Codorus Valley Bancorp has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Codorus Valley Bancorp has a slightly negative Appreciation Score of 37 but a good Power Rating of 72, with the Neutral Value Trend Rating the result.

Recent Price Action

On 12/15/23, Codorus Valley Bancorp Inc (NASDAQ: CVLY) stock enjoyed a large increase of 2.5%, closing at $25.54. Moreover, this advance was accompanied by exceptionally high trading volume at 693% of normal. Relative to the market the stock has been strong over the last nine months and has risen 24.6% during the last week.

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