The Relative Strength (RS) Rating for Ameris Bancorp moved up into a new percentile Thursday, as it got a lift from 69 to 75.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's unique rating identifies price performance with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the last 52 weeks compares to all the other stocks in our database.
History reveals that the best-performing stocks tend to have an RS Rating north of 80 in the early stages of their moves. See if Ameris Bancorp can continue to show renewed price strength and hit that benchmark.
Ameris Bancorp is trying to complete a consolidation with a 74.56 buy point. See if it can break out in heavy trade.
Earnings growth increased last quarter from 16% to 36%. But revenue gains fell from 7% to 0%.
The company holds the No. 24 rank among its peers in the Banks-Southeast industry group. Towne Bank, Southern First Bancshares and First Community are among the top 5 highly rated stocks within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
RELATED:
IBD Stock Rating Upgrades: Rising Relative Strength
