Enova International had its Relative Strength (RS) Rating upgraded from 63 to 74 Thursday — a welcome improvement, but still short of the 80 or better score you look for.
How To Invest In Stocks In Both Bull And Bear Markets
IBD's unique RS Rating identifies technical performance by showing how a stock's price action over the last 52 weeks measures up against that of the other stocks in our database.
Decades of market research shows that the best stocks tend to have an RS Rating north of 80 in the early stages of their moves. See if Enova International can continue to rebound and clear that threshold.
While it's not currently an ideal time to buy shares, see if the stock goes on to offer and clear a proper buy point.
Enova International posted 46% EPS growth last quarter. Sales rose 22%.
Enova International holds the No. 4 rank among its peers in the Finance-Consumer Loans industry group. SoFi Technologies is the top-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.
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