On Tuesday, Cannae Holdings received a positive adjustment to its Relative Strength (RS) Rating, from 66 to 73.
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This unique rating measures market leadership by showing how a stock's price action over the last 52 weeks measures up against that of the other stocks in our database.
Over 100 years of market history shows that the stocks that go on to make the biggest gains tend to have an 80 or higher RS Rating as they begin their largest runs. See if Cannae Holdings can continue to show renewed price strength and hit that benchmark.
Cannae Holdings is building a consolidation with a 22.99 buy point. See if the stock can break out in volume at least 40% above average.
Cannae Holdings reported 0% EPS growth in the latest quarterly report, while sales growth came in at -7%.
Cannae Holdings holds the No. 51 rank among its peers in the Finance-Investment Management industry group. Sprott, Acadian Asset Management and Patria Investments 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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