MPB Stock Forecast: Stock price increase 2.9% in last 30 days while nasdaq is down 11%. A good buy?

MPB Stock Forecast: Stock price increase 2.9% in last 30 days while nasdaq is down 11%. A good buy?

MPB Stock Forecast: The stock is expected to trade between $27.2 to $27.5. The overall recommendation is Sell.

MPB Stock Forecast: Latest Price

MPB Stock Forecast: Performance Chart

Stock Name5 Days1 Month6 Months1 Year
MPB-4.6%3.0%-10.9%-6.4%

MPB Stock Forecast: Latest Tweet

Tickeron on Twitter: “$MPB in Downtrend: its price may drop because broke its higher Bollinger Band on May 27, 2022. View odds for this and other indicators: https://t.co/cGxd9jHOJ7 #MidPennBan pic.twitter.com/kNnjZW3MhR / Twitter”

MPB in Downtrend: its price may drop because broke its higher Bollinger Band on May 27, 2022. View odds for this and other indicators: https://t.co/cGxd9jHOJ7 #MidPennBan pic.twitter.com/kNnjZW3MhR

MPB Stock Forecast: Today’s Outlook

IndicatorTrend
Overall Outlook
Market Data
Market CapLower
TechnicalStrong Sell
Trading VolumeSteady
Crowd’s Wisdom
Google Search VolumeSteady
Social Media Sentiment

Also Read: TTD Stock Forecast 2022

MPB Stock Forecast: Price Target

Mid Penn Bancorp Inc has a median target of 34.75, with a high estimate of 35.00 and a low estimate of 34.50. The median estimate represents a +30.39% increase from the last price of 26.65. The earnings per share for the current quarter were $0.67 and sales were $38.8 as reported on July 28, 2022. This quarter report presented a surprise of 2.90% and the previous quarter was 14.52%. Over the last four quarters, the company surpassed EPS 3 times. The further movement in price will not be largely determined by this time’s announcement of the company’s earnings call.

MPB Stock Forecast: Latest Video

YouTube video

MPB Stock Forecast: Price History

DatePriceOpenHighLowVolumeChange %
Jun 13, 202226.726.027.025.952.83K0.95%
Jun 10, 202226.426.926.926.425.85K-3.18%
Jun 09, 202227.327.327.527.225.71K-0.51%
Jun 08, 202227.427.727.727.320.28K-1.89%
Jun 07, 202227.927.728.127.730.24K0.32%
Highest: 28.18Lowest: 25.99
Difference: 2.19
Average: 27.18Change %: -4.30

MPB reported revenue of $40.16 million for the quarter ended March 2022. This stock has underperformed in the market so far but, in the near future, they are expected to move along with the market. Moreover, the company has been working on its corporate structure – a new Chief Financial Officer and a Chief Corporate Development Office have been appointed. Q1 Earnings and Revenue surpassed the estimates and it has been listed as one of the top 50 best-performing community banks.

MPB Stock: Google Trends

MPB Stock Forecast: Technical Analysis

MPB stock forecast

Nandini Panchal

Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions.

Subhash

Subhash

Subhash, Founder of Crowdwisdom360 is an MBA and a Trained Financial Advisor with an extensive background in Forecasting in Financial Services and Politics. He has appeared many times on National TV and has written for a variety of magazines on Wealth Management and Election Strategy.