Comstock Resources stock had its Relative Strength (RS) Rating upgraded from 79 to 84 Wednesday.
IBD's unique rating measures share price movement with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the last 52 weeks stacks up against all the other stocks in our database.
History reveals that the best stocks often have an RS Rating north of 80 as they launch their biggest price moves.
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Is Comstock Resources Stock A Buy?
Comstock Resources stock is working on a cup without handle with a 13.39 buy point. See if the stock can break out in heavy trade.
The Texas-based oil & gas exploration company saw both earnings and sales growth rise last quarter. Earnings-per-share increased from -90% to 0%. Revenue rose from -55% to -31%.
Comstock Resources stock holds the No. 27 rank among its peers in the Oil&Gas-U.S. Exploration & Production industry group. Viper Energy, Civitas Resources and Diamondback Energy are among the top 5 highly rated stocks within the group.
