The Relative Strength (RS) Rating for IPG Photonics entered a new percentile Thursday, as it got a lift from 69 to 72.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's proprietary rating measures share price performance with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the trailing 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history shows that the market's biggest winners tend to have an RS Rating of above 80 as they launch their biggest climbs. See if IPG Photonics can continue to show renewed price strength and hit that benchmark.
IPG Photonics is not currently offering a proper buying opportunity. See if the stock goes on to form a chart pattern that could spark a new run.
Although earnings and sales growth came in at -38% and -10%, respectively, in the latest report, that marked one quarter of improvement for earnings and four for revenue. IPG Photonics is expected to report its next quarterly numbers on or around Aug. 5.
IPG Photonics earns the No. 8 rank among its peers in the Electronics-Scientific Measuring industry group. Camtek, Itron and FARO Technologies 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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