In a welcome move, FirstService saw its Relative Strength Rating rise from 64 to 75 on Thursday.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's proprietary 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.
History shows that the best stocks often have an RS Rating of above 80 as they launch their largest runs. See if FirstService can continue to show renewed price strength and hit that benchmark.
FirstService is trying to complete a consolidation with a 197.84 buy point. See if it can clear the breakout price in heavy trading.
While revenue growth fell last quarter from 27% to 8%, the bottom line grew 37%, up from 21% in the prior report.
The company earns the No. 7 rank among its peers in the Real Estate-Development/Operations industry group. Grupo Aeroportuario ADR, Gpo Aeroport Sureste ADR and Gpo Aeroportuario ADR 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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