Ensign Group had its Relative Strength (RS) Rating upgraded from 70 to 74 Monday — a welcome improvement, but still below the 80 or higher score you look for.
Can You Really Time The Stock Market?
This proprietary rating identifies market leadership by showing how a stock's price action over the last 52 weeks compares to that of the other stocks in our database.
Decades of market research shows that the stocks that go on to make the biggest gains typically have an 80 or better RS Rating in the early stages of their moves. See if Ensign Group can continue to rebound and hit that benchmark.
Ensign Group is building a consolidation with a 158.45 buy point. See if the stock can clear the breakout price in volume at least 40% above average.
The company saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 16% to 17%. Revenue rose from 15% to 16%.
The company holds the No. 2 rank among its peers in the Medical-Long-Term Care industry group. Pennant Group is the No. 1-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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