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Malvern Bancorp (MLVF) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Malvern Bancorp (MLVF) delivered earnings and revenue surprises of 17.24% and 6.84%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
Malvern Bancorp (MLVF) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
Malvern Bancorp (MLVF) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.