Alert: Negative Investment/Fundamental Signals (4/29/24)-MainStreet Bancshares Inc (NASDAQ: MNSB)

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Recent important negative changes in fundamentals have impacted MainStreet Bancshares Inc (NASDAQ: MNSB): the consensus estimate for December, 2024 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2025 decreased significantly.

Recent notable negative changes in investment behavior have affected MainStreet Bancshares Inc (NASDAQ: MNSB): the stock fell on very heavy volume.

In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.

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Current PriceTarget Research Rating

MNSB is expected to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.

MainStreet Bancshares has a current Value Trend Rating of C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. MainStreet Bancshares has a neutral Appreciation Score of 55 and a slightly negative Power Rating of 40, and the Low Neutral Value Trend Rating results.

Recent Price Action

MainStreet Bancshares Inc (NASDAQ: MNSB) stock declined by -4.1% on 4/29/24. The shares closed at $15.25. Moreover, trading volume in this decline was exceptionally high at 275% of normal. The stock has been weak relative to the market over the last nine months and has declined -11.5% during the last week.

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