The Relative Strength (RS) Rating for JBT Marel moved into a new percentile Wednesday, as it got a lift from 68 to 72.
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IBD's unique rating identifies price action with a 1 (worst) to 99 (best) score. The rating 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 stocks that go on to make the biggest gains often have an RS Rating north of 80 in the early stages of their moves. See if JBT Marel can continue to show renewed price strength and hit that benchmark.
JBT Marel is trying to complete a consolidation with a 139.05 entry. See if it can clear the breakout price in volume at least 40% higher than normal.
EPS growth fell last quarter from 41% to -13%, but revenue rose from 5% to 118%.
The company earns the No. 13 rank among its peers in the Machinery-General Industrial industry group. Power Solutions Intl, Badger Meter and ESCO 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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