Customers Bancorp saw a positive improvement to its Relative Strength (RS) Rating on Tuesday, with an increase from 80 to 85.
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This exclusive rating from Investor's Business Daily 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.
Over 100 years of market history reveals that the top-performing stocks often have an RS Rating of over 80 in the early stages of their moves.
Customers Bancorp is working on a consolidation with a 68.49 buy point. See if the stock can break out in volume at least 40% above average.
The company saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 8% to 21%. Revenue rose from -21% to 4%.
The company holds the No. 23 rank among its peers in the Banks-Northeast industry group. The Bancorp, Unity Bancorp and Bankwell Financial Group 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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