The Relative Strength (RS) Rating for Customers Bancorp headed into a new percentile Monday, as it got a lift from 69 to 73.
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IBD's unique rating identifies market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the trailing 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 in the early stages of their moves. See if Customers Bancorp can continue to show renewed price strength and clear that threshold.
Customers Bancorp is trying to complete a consolidation with a 59.94 buy point. See if the stock can break out in heavy trading.
In terms of revenue and profits, the company has posted rising EPS growth in each of the last two reports. Revenue gains have been a different story, coming in at -21% in the most recent report. The company is expected to report its next quarterly numbers on or around Jul. 23.
The company earns the No. 33 rank among its peers in the Banks-Northeast industry group. Capital Bancorp, Ponce Financial Group and Unity Bancorp 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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