The Relative Strength (RS) Rating for Genco Shipping & Trading entered a new percentile Wednesday, with a rise from 78 to 81.
Hone Your Stock-Picking Skills By Focusing On These Factors
This exclusive rating from Investor's Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the trailing 52 weeks compares to all the other stocks in our database.
Over 100 years of market history reveals that the market's biggest winners typically have an 80 or higher RS Rating as they launch their biggest runs.
While it's not currently an ideal time to invest, see if the stock is able to offer and clear an appropriate buy point.
The company showed 0% EPS growth in the latest quarterly report. Sales rose -24%.
The company earns the No. 18 rank among its peers in the Transportation-Ship industry group. Cap Clean Energy Carriers, Global Ship Lease Cl A and Euroseas 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.
RELATED:
Which Stocks Are Showing Improved Technical Action?
