On Friday, Mercurity Fintech Holding got an upgrade for its IBD SmartSelect Composite Rating from 91 to 96.
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The revised score means the stock currently tops 96% of all other stocks in terms of key performance metrics and technical strength.
Mercurity Fintech Holding is now out of buy range after breaking out from an 8.07 buy point in a consolidation.
One weak spot is the company's 60 EPS Rating, which tracks quarterly and annual earnings-per-share growth. Look for that to improve to 80 or better to show it's in the top 20% of all stocks.
Its Accumulation/Distribution Rating of A shows heavy buying by institutional investors over the last 13 weeks.
In Q4, the company posted 0% earnings growth. Sales were flat, matching the prior quarter's 150%. The company's next quarterly report is expected on or around Jan. 1.
Mercurity Fintech Holding earns the No. 3 rank among its peers in the Retail-Internet industry group. DoorDash is the No. 1-ranked stock 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.
