Capital Bancorp saw its IBD SmartSelect Composite Rating rise to 97 Wednesday, up from 93 the day before.
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The new score means the company is now outperforming 97% of all stocks in terms of the most important fundamental and technical stock-picking criteria.
Capital Bancorp is currently forming a cup without handle, with a 32.88 buy point. Look for the stock to break out in heavy trade at least 40% above average. Understand that it's a thinly traded stock, with average daily dollar volume under $8 million. Such stocks may experience more volatility than large-cap stocks.
The stock earns a 94 EPS Rating, meaning its recent quarterly and annual earnings growth tops 94% of all stocks.
Its Accumulation/Distribution Rating of B shows moderate buying by institutional investors over the last 13 weeks.
In Q1, the company posted 73% earnings growth. It has now posted accelerating EPS growth for two consecutive quarters. Revenue growth increased 43%, up from 38% in the prior report. The company has now posted accelerating growth in each of the last two quarters.
Capital Bancorp holds the No. 1 rank among its peers in the Banks-Northeast industry group. Northeast Bank and Chain Bridge Bancorp are also among the group's highest-rated stocks.
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