The Relative Strength (RS) Rating for Birkenstock Holding climbed into a new percentile Friday, with a rise from 75 to 84.
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IBD's unique rating measures share price action with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the last 52 weeks stacks up against all the other stocks in our database.
History reveals that the best stocks often have an 80 or better RS Rating as they launch their biggest climbs.
The Sector Leaders stock is trying to complete a cup without handle with a 62.66 entry. See if it can break out in heavy volume.
While earnings-per-share growth dropped in the company's most recent quarterly report from 90% to 34%, sales rose 20%, up from 12% in the previous report.
Birkenstock Holding holds the No. 1 rank among its peers in the Apparel-Shoes & Related industry group. On Holding and Weyco Group are also among the group's highest-rated stocks.
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.
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