On Friday, Enova International earned a positive adjustment to its Relative Strength (RS) Rating, from 80 to 83.
Hone Your Stock-Picking Skills By Focusing On These Factors
IBD's unique RS Rating tracks technical performance by using a 1 (worst) to 99 (best) score that shows how a stock's price performance over the last 52 weeks matches up against other publicly traded companies.
Over 100 years of market history shows that the stocks that go on to make the biggest gains typically have an 80 or better RS Rating as they begin their biggest price moves.
Enova International is working on a consolidation with a 117.56 entry. See if the stock can clear the breakout price in volume at least 40% higher than normal.
Earnings growth rose last quarter from 43% to 56%, but revenue fell from 25% to 22%.
Enova International earns the No. 2 rank among its peers in the Finance-Consumer Loans industry group. Atlanticus Holdings is the No. 1-ranked stock 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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