Western New England Bancorp Inc (NASDAQ: WNEB). Notable negative changes in fundamentals have recently occurred: the consensus estimate for December, 2024 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2025 decreased significantly.
Significant negative changes in investment behavior have recently occurred for Western New England Bancorp Inc (NASDAQ: WNEB): the stock fell on very heavy volume.
In light of these highly negative signals we are reviewing our current Overall Rating of B. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
WNEB’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to continue to be Value Creation neutral.
Western New England Bancorp has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Western New England Bancorp has a slightly positive Appreciation Score of 67 and a slightly positive Power Rating of 69, resulting in the Positive Value Trend Rating.
Recent Price Action
Western New England Bancorp Inc (NASDAQ: WNEB) stock declined by -3.8% on 4/30/24. The shares closed at $6.04. Moreover, exceptionally high trading volume at 379% of normal accompanied the decline. The stock has been strong relative to the market over the last nine months but has declined -3.7% during the last week.
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