The Relative Strength (RS) Rating for Dorian LPG climbed into a new percentile Tuesday, as it got a lift from 65 to 75.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's unique rating identifies market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the last 52 weeks holds up against all the other stocks in our database.
Decades of market research reveals that the best-performing stocks typically have an RS Rating of at least 80 as they launch their largest runs. See if Dorian LPG can continue to rebound and clear that threshold.
Dorian LPG is not currently near a potential buying area. See if the stock goes on to build a chart pattern that could launch a new move.
Earnings growth fell in the company's most recent report from -84% to -87%, but sales rose from -51% to -46%. Look for the next report on or around Jul. 30.
Dorian LPG earns the No. 13 rank among its peers in the Oil&Gas-Transportation/Pipeline industry group. Navigator Holdings, Hess Midstream and Enbridge 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.
RELATED:
Which Stocks Are Showing Rising Relative Strength?
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!