Price Action To Observe: Will Malvern Bancorp, Inc. Run Out of Steam Soon?

Price Action To Observe: Will Malvern Bancorp, Inc. Run Out of Steam Soon?

The stock of Malvern Bancorp, Inc. (NASDAQ:MLVF) reached all time high today, Nov, 2 and still has $41.83 target or 135.00% above today’s $17.80 share price. This indicates more upside for the $116.45M company. This technical setup was reported by Barchart.com. If the $41.83 PT is reached, the company will be worth $157.21 million more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events. The stock increased 0.28% or $0.05 on November 2, hitting $17.8. About 27,099 shares traded hands or 267.20% up from the average. Malvern Bancorp, Inc. (NASDAQ:MLVF) has risen 10.80% since March 31, 2016 and is uptrending. It has outperformed by 8.28% the S&P500.

Analysts await Malvern Bancorp, Inc. (NASDAQ:MLVF) to report earnings on November, 4.

Malvern Bancorp, Inc. (NASDAQ:MLVF) Ratings Coverage

Out of 2 analysts covering Malvern Bancorp (NASDAQ:MLVF), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Malvern Bancorp has been the topic of 2 analyst reports since August 5, 2015 according to StockzIntelligence Inc.

According to Zacks Investment Research, “Malvern Bancorp, Inc. is the holding company for Malvern Federal Savings Bank. Malvern Federal Savings Bank is a federally-chartered, FDIC-insured savings bank engaged in attracting deposits from the general public and using those funds to invest in loans and investment securities. Malvern Bancorp, Inc., formerly known as Malvern Federal Bancorp, Inc., is headquartered in Paoli, Pennsylvania.”

Insitutional Activity: The institutional sentiment increased to 3.67 in 2016 Q2. Its up 2.11, from 1.56 in 2016Q1. The ratio increased, as 0 funds sold all Malvern Bancorp, Inc. shares owned while 3 reduced positions. 3 funds bought stakes while 8 increased positions. They now own 6.42 million shares or 101.06% more from 3.19 million shares in 2016Q1.
Emerald Mutual Fund Advisers Trust holds 0.23% of its portfolio in Malvern Bancorp, Inc. (NASDAQ:MLVF) for 259,003 shares. Ejf Cap Limited Liability Com last reported 549,187 shares in the company. Oppenheimer Close Ltd Liability reported 97,926 shares or 1.44% of all its holdings. Wellington Mngmt Ltd Liability Partnership holds 47,252 shares or 0% of its portfolio. Banc Funds Limited, a Illinois-based fund reported 193,319 shares. Tower Research Ltd Liability Company (Trc) last reported 0% of its portfolio in the stock. Alliancebernstein Lp last reported 0% of its portfolio in the stock. Wells Fargo Mn holds 0% of its portfolio in Malvern Bancorp, Inc. (NASDAQ:MLVF) for 300 shares. The Pennsylvania-based Vanguard Incorporated has invested 0% in Malvern Bancorp, Inc. (NASDAQ:MLVF). Rmb Capital Mgmt Ltd Liability Company owns 92,571 shares or 0.08% of their US portfolio. The Pennsylvania-based Emerald Advisers Pa has invested 0.05% in Malvern Bancorp, Inc. (NASDAQ:MLVF). Clover Prns Ltd Partnership last reported 494,490 shares in the company. Blair William Il reported 25,000 shares or 0% of all its holdings. Deutsche Financial Bank Ag accumulated 3,016 shares or 0% of the stock. Beese Fulmer Investment reported 15,232 shares or 0.07% of all its holdings.

More important recent Malvern Bancorp, Inc. (NASDAQ:MLVF) news were published by: Nasdaq.com which released: “Malvern Bancorp, Inc. Appoints Andrew Fish to its Board” on October 27, 2016, also Globenewswire.com published article titled: “Malvern Bancorp, Inc. Appoints Experienced Fund Manager to its Board”, Globenewswire.com published: “Malvern Bancorp, Inc. Appoints National/International Businessman, Michael …” on March 26, 2015. More interesting news about Malvern Bancorp, Inc. (NASDAQ:MLVF) was released by: Globenewswire.com and their article: “Malvern Bancorp CEO Announces Key Executive Appointments” with publication date: May 27, 2015.

MLVF Company Profile

Malvern Bancorp, Inc., incorporated May 16, 2012, is a the holding firm for Malvern Federal Savings Bank (the Bank). The Bank is a federally chartered savings bank. The Bank had eight full service financial center offices in Chester and Delaware Counties, Pennsylvania, during the year ended December 31, 2012. The Bank’s principal sources of funds are deposits, repayments of loans and investment securities, maturities of investments and interest-bearing deposits, other funds provided from activities and wholesale funds borrowed from outside sources, such as the Federal Home Loan Bank of Pittsburgh (FHLB). These funds are primarily used for the origination of various loan types including single-family residential mortgage loans, commercial real estate mortgage loans, construction and development loans, home equity loans and lines of credit and other consumer loans.

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