RenaissanceRe Hldgs saw a positive improvement to its Relative Strength (RS) Rating on Tuesday, with an upgrade from 68 to 72.
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This exclusive rating from Investor's Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the trailing 52 weeks stacks up against all the other stocks in our database.
History shows that the stocks that go on to make the biggest gains often have an RS Rating of above 80 in the early stages of their moves. See if RenaissanceRe Hldgs can continue to rebound and hit that benchmark.
RenaissanceRe Hldgs is trying to complete a consolidation with a 300.00 buy point. See if it can break out in volume at least 40% above average.
RenaissanceRe Hldgs saw both earnings and sales growth rise last quarter. Earnings-per-share increased from -32% to 0%. Revenue rose from -29% to 34%.
RenaissanceRe Hldgs earns the No. 30 rank among its peers in the Insurance-Property/Casualty/Title industry group. Root Cl A, Skyward Specialty Ins and Goosehead Insurance Cl A 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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