Perma-Pipe Intl saw its IBD SmartSelect Composite Rating rise to 97 Monday, up from 90 the day before.
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The revised score means the stock currently tops 97% of all other stocks in terms of key performance metrics and technical strength.
Perma-Pipe Intl is now out of buy range after breaking out from a 17.58 buy point in a consolidation. Be aware that it is a very thinly traded stock, with average daily dollar volume under $1 million.
The stock sports an 89 EPS Rating, which means its recent quarterly and annual earnings growth tops 89% of all stocks.
Its Accumulation/Distribution Rating of B shows moderate buying by institutional investors over the last 13 weeks.
The company posted a 239% increase in earnings for Q1. Revenue growth increased 36%, up from 12% in the prior quarter. The company has now posted increasing growth in each of the last two reports. The company's next quarterly report is expected on or around Dec. 5.
Perma-Pipe Intl earns the No. 2 rank among its peers in the Pollution-Control industry group. Aris Water Solutions 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.
