Alert: Positive Investment/Fundamental Signals (3/7/24)-Pathfinder Bancorp Inc (NASDAQ: PBHC)

out_logo_500#27643.jpg

Extremely significant positive changes in investment behavior have recently occurred for Pathfinder Bancorp Inc (NASDAQ: PBHC): the stock rose on very heavy volume, and positive upside/downside volume developed.

Pathfinder Bancorp Inc (NASDAQ: PBHC) has benefited from notable positive changes in fundamentals: significant quarterly earnings acceleration occurred, 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.

out_mm#27643.jpg

Current PriceTarget Research Rating

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

Pathfinder Bancorp has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Pathfinder Bancorp has a good Appreciation Score of 72 but a neutral Power Rating of 47, and the High Neutral Value Trend Rating results.

Recent Price Action

Pathfinder Bancorp Inc (NASDAQ: PBHC) stock increased 1.4% on 3/7/24. The shares closed at $11.91. Moreover, this advance was accompanied by exceptionally high trading volume at 564% of normal. The stock has been weak relative to the market over the last nine months but has risen 1.7% during the last week.

Be the first to comment

Leave a Reply

Your email address will not be published.


*