Primis Financial Corp. Announces Reauthorization of Stock Repurchase Program and Compliance with Nasdaq Listing Rules
| FRST Stock | USD 11.75 0.04 0.34% |
Slightly above 63% of all Primis Financial's private investors are looking to take a long position. The analysis of overall sentiment of trading Primis Financial Corp stock suggests that some investors are interested at this time. Primis Financial's investing sentiment can be driven by a variety of factors including economic data, Primis Financial's earnings reports, geopolitical events, and overall market trends.
Primis |
Primis Financial Corp. , today announced that the board of directors of the Company approved a stock repurchase program for up to 740,600 of the outstanding shares of the Companys common stock . The Stock Repurchase Program will begin on December 19, 2024 and conclude on December 19, 2025, subject to the earlier termination or extension of the Stock Repurchase Program by the Board or the total shares designa
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Primis Financial Investor Sentiment by Other News Outlets
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Primis Financial Fundamental Analysis
We analyze Primis Financial's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Primis Financial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Primis Financial based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Probability Of Bankruptcy
Probability Of Bankruptcy Comparative Analysis
Primis Financial is currently under evaluation in probability of bankruptcy category among its peers. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
Primis Financial Corp Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Primis Financial stock to make a market-neutral strategy. Peer analysis of Primis Financial could also be used in its relative valuation, which is a method of valuing Primis Financial by comparing valuation metrics with similar companies.
Peers
Primis Financial Related Equities
| ISTR | Investar Holding | 1.97 | ||||
| CFFI | CF Financial | 1.41 | ||||
| BCAL | Southern California | 0.95 | ||||
| HFBL | Home Federal | 0.70 | ||||
| OPOF | Old Point | 0.69 | ||||
| PKBK | Parke Bancorp | 0.53 | ||||
| CWBC | Community West | 0.46 | ||||
| FBIZ | First Business | 0.94 | ||||
| LSBK | Lake Shore | 1.54 | ||||
| LNKB | LINKBANCORP | 1.55 | ||||
| AFBI | Affinity Bancshares | 2.40 |
Additional Tools for Primis Stock Analysis
When running Primis Financial's price analysis, check to measure Primis Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Primis Financial is operating at the current time. Most of Primis Financial's value examination focuses on studying past and present price action to predict the probability of Primis Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Primis Financial's price. Additionally, you may evaluate how the addition of Primis Financial to your portfolios can decrease your overall portfolio volatility.