The Relative Strength (RS) Rating for Centuri Holdings climbed into a new percentile Thursday, as it got a lift from 65 to 78.
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This proprietary rating measures 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 RS Rating north of 80 in the early stages of their moves. See if Centuri Holdings can continue to show renewed price strength and clear that threshold.
Centuri Holdings is working on a consolidation with a 23.37 buy point. See if it can clear the breakout price in heavy volume.
While earnings-per-share growth declined in the company's most recent performance report from 0% to -5%, the top line grew 8%, up from 4% in the prior report.
The company earns the No. 15 rank among its peers in the Utility-Diversified industry group. WEC Energy Group, NRG Energy and NiSource 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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