Customers Bancorp saw a positive improvement to its Relative Strength (RS) Rating on Friday, rising from 80 to 83.
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This exclusive rating from Investor's Business Daily tracks price performance with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the last 52 weeks holds up against all the other stocks in our database.
History shows that the stocks that go on to make the biggest gains often have an 80 or higher RS Rating in the early stages of their moves.
Customers Bancorp is working on a consolidation with a 68.49 buy point. See if it 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 8% to 21%. Revenue rose from -21% to 4%.
Customers Bancorp holds the No. 21 rank among its peers in the Banks-Northeast industry group. Bankwell Financial Group, The Bancorp and Unity Bancorp 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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