The Relative Strength (RS) Rating for Primoris Services entered a new percentile Monday, with an increase from 80 to 83.
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This exclusive rating from Investor's Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the trailing 52 weeks compares to all the other stocks in our database.
Decades of market research shows that the market's biggest winners often have an RS Rating of above 80 in the early stages of their moves.
Primoris Services is not currently near a potential buying area. See if the stock goes on to form a promising consolidation that could kick off a new climb.
The company saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 20% to 33%. Revenue rose from 8% to 15%. The company is expected to report its latest numbers on or around May 5.
Primoris Services holds the No. 9 rank among its peers in the Building-Heavy Construction industry group. Argan, Quanta Services and Sterling Infrastructure 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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