On Thursday, Middlesex Water got an upgrade to its Relative Strength (RS) Rating, from 69 to 72.
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IBD's unique RS Rating tracks market leadership by showing how a stock's price movement over the last 52 weeks measures up against 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 RS Rating of above 80 as they launch their largest runs. See if Middlesex Water can continue to rebound and hit that benchmark.
Middlesex Water is not currently offering a proper buying opportunity. See if the stock goes on to build a chart pattern that could kick off a new price move.
Middlesex Water showed 31% EPS growth last quarter. Revenue rose 9%.
Middlesex Water earns the No. 6 rank among its peers in the Utility-Water Supply industry group. SABESP ADR, American Water Works and Essential Utilities 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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