On Tuesday, Mercury General received an upgrade to its Relative Strength (RS) Rating, from 79 to 82.
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IBD's unique rating tracks market leadership 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.
History shows that the stocks that go on to make the biggest gains often have an 80 or better RS Rating in the early stages of their moves.
Mercury General is working on a cup with handle with a 66.30 buy point. See if it can clear the breakout price in volume at least 40% above average.
Earnings growth dropped last quarter from 142% to 0%, but the top line rose from -1% to 9%.
The company holds the No. 28 rank among its peers in the Insurance-Property/Casualty/Title industry group. Skyward Specialty Ins, Goosehead Insurance Cl A and AXIS Capital Holdings 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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