Ameris Bancorp saw a positive improvement to its Relative Strength (RS) Rating on Wednesday, rising from 67 to 76.
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This exclusive rating from Investor's Business Daily identifies price performance with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the trailing 52 weeks holds up against all the other stocks in our database.
Decades of market research reveals that the market's biggest winners typically have an RS Rating of over 80 as they launch their biggest price moves. See if Ameris Bancorp can continue to rebound and hit that benchmark.
Ameris Bancorp is trying to complete a consolidation with a 74.56 entry. See if the stock can break out in volume at least 40% above average.
Earnings growth moved up last quarter from 16% to 36%, but the top line fell from 7% to 0%.
The company holds the No. 18 rank among its peers in the Banks-Southeast industry group. Southern First Bancshares, First Bancorp NC and Popular Inc. 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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