Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Virginia National Bankshares Cor (NASDAQ: VABK) weakened during the last several trading days. VABK's current Value Trend Rating is D and the prior Rating was C. Details supporting this lower rating are included in our next report.
Recent Price Action
Virginia National Bankshares Cor (NASDAQ: VABK) stock increased 1.4% on 5/3/24. The shares closed at $29.90. Moreover, unusually high trading volume at 175% of normal accompanied the advance. Relative to the market the stock has been weak over the last nine months but has risen 18.7% during the last week.
Current PriceTarget Research Rating
VABK's future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
Virginia National Bankshares Cor has a current Value Trend Rating of D (Negative). With this rating, PTR's two proprietary measures of a stock's current attractiveness are providing consistent signals. Virginia National Bankshares Cor has a neutral Appreciation Score of 50 and a slightly negative Power Rating of 34, and the Negative Value Trend Rating results.