Jiayin Group ADR saw an improvement in its IBD SmartSelect Composite Rating Thursday, from 91 to 97.
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The new score means the company is now outperforming 97% of all stocks in terms of the most important fundamental and technical stock-picking criteria. Winning stocks often have a 95 or higher rating in the early stages of a new price run, so that's an important benchmark to look for when looking for the best stocks to buy and watch.
Jiayin Group ADR is now out of buy range after breaking out from a 14.00 entry in a cup with handle. Keep in mind that it's a thinly traded stock, with average daily dollar volume under $8 million.
The stock sports a 91 EPS Rating, meaning its recent quarterly and longer-term annual earnings growth is outpacing 91% of all stocks.
Its Accumulation/Distribution Rating of A- shows heavy buying by institutional investors over the last 13 weeks.
In Q1, the company reported 96% earnings-per-share growth. Sales growth increased 20%, up from -15% in the prior report. That marks one quarter of rising revenue gains.
Jiayin Group ADR holds the No. 2 rank among its peers in the Financial Services-Specialty industry group. X Financial ADR is the No. 1-ranked stock within the group.
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