Middlesex Water saw a positive improvement to its Relative Strength (RS) Rating on Monday, with an increase from 66 to 72.
When To Sell Stocks To Lock In Profits And Minimize Losses
This exclusive rating from Investor's Business Daily tracks price action with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the last 52 weeks compares to all the other stocks in our database.
Decades of market research reveals that the best-performing stocks tend to have an RS Rating of over 80 as they launch their biggest climbs. See if Middlesex Water can continue to rebound and hit that benchmark.
Middlesex Water is not currently showing a potential entry point. See if the stock goes on to build a sound pattern that could launch a new move.
The company reported 31% EPS growth in its most recent report, while sales growth came in at 9%.
The company earns the No. 4 rank among its peers in the Utility-Water Supply industry group. SABESP ADR 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.
RELATED:
IBD Stock Rating Upgrades: Rising Relative Strength
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!
