Piper Sandler had its Relative Strength (RS) Rating upgraded from 67 to 72 Thursday — a welcome improvement, but still shy of the 80 or higher score you look for.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's unique rating tracks price movement with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the last 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history shows that the market's biggest winners typically have an 80 or better RS Rating as they begin their biggest climbs. See if Piper Sandler can continue to show renewed price strength and clear that threshold.
Piper Sandler is working on a consolidation with a 351.80 buy point. See if it can break out in heavy volume.
Piper Sandler saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 19% to 47%. Revenue rose from 2% to 4%. Keep an eye out for the company's next round of numbers on or around Jul. 25.
Piper Sandler holds the No. 20 rank among its peers in the Finance-Investment Banking/Brokers industry group. Futu Holdings ADR, LPL Financial Holdings and Houlihan Lokey Cl A 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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