First BnCp Puerto Rico had its Relative Strength (RS) Rating upgraded from 70 to 73 Friday — a welcome improvement, but still below the 80 or higher score you look for.
How To Invest In Stocks In Both Bull And Bear Markets
IBD's proprietary rating tracks market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the last 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history reveals that the market's biggest winners typically have an RS Rating north of 80 as they begin their largest price moves. See if First BnCp Puerto Rico can continue to show renewed price strength and hit that benchmark.
First BnCp Puerto Rico is trying to complete a consolidation with a 22.39 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 -6% to 7%. Revenue rose from 5% to 8%. Keep an eye out for the company's next round of numbers on or around Jul. 22.
First BnCp Puerto Rico holds the No. 22 rank among its peers in the Banks-Southeast industry group. Southern States Bcshs, Popular Inc. and Capital City Bank 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.
RELATED:
IBD Stock Rating Upgrades: 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!