On Friday, Goosehead Insurance Cl A received an upgrade to its Relative Strength (RS) Rating, from 78 to 81.
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This proprietary rating identifies technical performance 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 market's biggest winners typically have an RS Rating of at least 80 in the early stages of their moves.
Goosehead Insurance Cl A is trying to complete a consolidation with a 127.99 buy point. See if it can clear the breakout price in heavy volume.
The company reported -7% EPS growth in the latest quarterly report, while sales growth came in at 17%. The company is expected to report its latest earnings and sales numbers on or around Jul. 23.
The company holds the No. 2 rank among its peers in the Insurance-Property/Casualty/Title industry group. Skyward Specialty Ins 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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