Fiverr International saw a positive improvement to its Relative Strength (RS) Rating on Thursday, with an increase from 72 to 87.
Hone Your Stock-Picking Skills By Focusing On These Factors
IBD's proprietary rating tracks market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the last 52 weeks holds up against all the other stocks in our database.
History reveals that the market's biggest winners tend to have an 80 or higher RS Rating as they begin their biggest runs.
Now is not an ideal time to jump in since it isn't near a proper buy zone, but see if the stock goes on to form a base and break out.
The company saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 14% to 23%. Revenue rose from 13% to 15%.
The company earns the No. 1 rank among its peers in the Retail-Internet industry group. Liquidity Services and MercadoLibre are also among the group's highest-rated stocks.
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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