Warrior Met Coal saw a welcome improvement to its Relative Strength (RS) Rating on Tuesday, rising from 70 to 82.
Risk Management In The Stock Market: How Much Money To Invest Now
IBD's proprietary rating tracks price performance with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the last 52 weeks compares to all the other stocks in our database.
Decades of market research reveals that the best-performing stocks typically have an 80 or better RS Rating as they launch their biggest price moves.
Warrior Met Coal is building a consolidation with a 75.53 entry. See if the stock can break out in volume at least 40% above average.
While earnings-per-share growth declined in the prior quarter from 0% to -92%, revenue rose -25%, up from -40% in the prior report.
The company holds the No. 7 rank among its peers in the Energy-Coal industry group. Hallador Energy, NACCO Industries Cl A and Natural Resource Ptrs 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.
RELATED:
IBD Stock Rating Upgrades: Rising Relative Strength