Primis Financial Corp (FRST), OLB Group Inc (OLB), and Associated Capital Group Inc (AC) are the top 3 financial stocks that are set to fly this month. FRST's stock fell around 5% over the past month, while OLB's stock fell around 25% over the past five days. AC's stock fell around 10% over the past month. The RSI values for these stocks are 28.5, 23.1, and 25.6, respectively, indicating oversold conditions.
Primis Financial Corp. (FRST), OLB Group Inc. (OLB), and Associated Capital Group Inc. (AC) have been the subject of investor attention due to their recent stock performance. Primis Financial Corp. (FRST) has experienced a 5% decline in its stock price over the past month, while OLB Group Inc. (OLB) has fallen by around 25% over the past five days. Associated Capital Group Inc. (AC) has seen a 10% drop in its stock price over the last month. The Relative Strength Index (RSI) values for these stocks are 28.5, 23.1, and 25.6, respectively, indicating oversold conditions.
Primis Financial Corp. (FRST) has historically shown characteristics associated with poor future stock performance. The company has negative earnings per share (EPS) revisions and inferior profitability compared to other financial stocks, leading to a "Sell" rating from a quantitative rating system. This rating system has indicated that stocks rated "Sell" or worse have significantly underperformed the S&P 500 [1].
OLB Group Inc. (OLB), a diversified fintech company, reported significant improvements in its financial performance for the second quarter and six months ended June 30, 2025. The company noted a substantial reduction in net loss, material strengthening of its balance sheet, and progress on strategic initiatives. These improvements include the expansion of Moola Cloud and preparations for the spin-off of its subsidiary, DMINT, Inc. [2].
Associated Capital Group Inc. (AC) saw a slight decline in trading volume, with 4,529 shares exchanged during the latest session. The stock experienced an uptick in trading volume on Monday and was downgraded from a "sell" rating to a "hold" rating by Wall Street Zen. The company reported a strong earnings result with $0.88 EPS for the quarter [3].
Investors should closely monitor these stocks as they navigate through oversold conditions. The recent stock performance suggests potential opportunities for investors, but caution is advised due to the historical and current financial indicators.
References:
[1] https://seekingalpha.com/warnings/4486840-warning-frst-is-at-high-risk-of-performing-badly
[2] https://www.nasdaq.com/press-release/olb-group-inc-reports-second-quarter-2025-results-significant-reduction-net-loss
[3] https://www.marketbeat.com/instant-alerts/associated-capital-group-nyseac-sees-large-volume-increase-still-a-buy-2025-08-18/
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