JBT Marel saw a positive improvement to its Relative Strength (RS) Rating on Monday, rising from 62 to 71.
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IBD's unique rating measures share price performance with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the last 52 weeks compares to all the other stocks in our database.
Decades of market research reveals that the best stocks typically 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 clear that threshold.
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% above average.
Earnings-per-share growth fell last quarter from 41% to -13%, but revenue rose from 5% to 118%.
JBT Marel holds the No. 14 rank among its peers in the Machinery-General Industrial industry group. Badger Meter, Power Solutions Intl 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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