In a welcome move, Main Street Capital saw its Relative Strength Rating rise from 68 to 72 on Wednesday.
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This exclusive rating from Investor's Business Daily measures price performance with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the trailing 52 weeks compares to all the other stocks in our database.
Decades of market research shows that the stocks that go on to make the biggest gains often have an RS Rating of above 80 in the early stages of their moves. See if Main Street Capital can continue to show renewed price strength and clear that threshold.
Main Street Capital is working on a consolidation with a 63.31 buy point. See if it can clear the breakout price in heavy volume.
While sales growth fell last quarter from 9% to 4%, earnings-per-share grew -4%, up from -5% in the previous report.
The company earns the No. 24 rank among its peers in the Finance-Investment Management industry group. Sprott, Acadian Asset Management and StepStone Group 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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