Jefferies Financial Group had its Relative Strength (RS) Rating upgraded from 67 to 71 Thursday — a welcome improvement, but still below the 80 or higher score you look for.
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This exclusive rating from Investor's Business Daily tracks price movement with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the last 52 weeks holds up against all the other stocks in our database.
Decades of market research shows that the best-performing stocks often have an RS Rating north of 80 as they launch their largest runs. See if Jefferies Financial Group can continue to show renewed price strength and hit that benchmark.
Jefferies Financial Group has moved more than 5% past a 47.87 entry in a first-stage flat base, meaning it's now out of a proper buy zone. Look for the stock to create a new chance to pick up shares like a three-weeks tight or pullback to the 50-day or 10-week moving average.
Earnings growth decreased last quarter from -17% to -38%. But revenue gains moved higher, from -8% to -1%. The next quarterly numbers are expected on or around Sep. 24.
The company holds the No. 29 rank among its peers in the Finance-Investment Banking/Brokers industry group. Futu Holdings ADR, UP Fintech Holding ADR and Houlihan Lokey 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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