Gulfport Energy saw a welcome improvement to its Relative Strength (RS) Rating on Tuesday, rising from 65 to 74.
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This proprietary rating tracks technical performance by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database.
Over 100 years of market history reveals that the best stocks often have an RS Rating of over 80 as they launch their largest price moves. See if Gulfport Energy can continue to rebound and clear that threshold.
Gulfport Energy is not currently offering a proper buying opportunity. See if the stock goes on to build a promising consolidation that could kick off a new price move.
Earnings growth dropped in the company's latest report from 84% to 69%, but revenue rose from -51% to -30%. Keep an eye out for the company's next round of numbers on or around Aug. 5.
The company earns the No. 8 rank among its peers in the Oil&Gas-U.S. Exploration & Production industry group. Venture Global, California Resources and Antero Resources 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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