The Relative Strength (RS) Rating for Burford Capital entered a higher percentile Wednesday, as it got a lift from 66 to 71.
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This proprietary rating tracks market leadership by using a 1 (worst) to 99 (best) score that indicates how a stock's price action over the trailing 52 weeks stacks up against all the other stocks in our database.
History shows that the top-performing stocks typically have an RS Rating of over 80 in the early stages of their moves. See if Burford Capital can continue to rebound and clear that threshold.
Burford Capital is within a buy range after moving past a 14.49 buy point in a consolidation. Once a stock moves 5% or higher beyond the original entry, it's considered out of a proper buy zone.
The company reported 0% EPS growth in the latest quarterly report. Revenue increased 168%. Keep an eye out for the company's next round of numbers on or around Aug. 6.
Burford Capital earns the No. 18 rank among its peers in the Finance-Investment Management industry group. Carlyle Group, WisdomTree and Acadian Asset Management 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.
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