The Relative Strength (RS) Rating for Burford Capital climbed into a new percentile Wednesday, as it got a lift from 68 to 75.
This exclusive rating from Investor's Business Daily measures price movement with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the last 52 weeks stacks up against all the other stocks in our database.
Decades of market research reveals that the top-performing stocks typically have an RS Rating north of 80 in the early stages of their moves. See if Burford Capital can continue to show renewed price strength and clear that threshold.
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Burford Capital is working on a consolidation with a 16.77 buy point. See if the stock can clear the breakout price in volume at least 40% higher than normal.
Burford Capital reported negative growth for both sales and earnings last quarter. Burford Capital is expected to release its next quarterly numbers on or around Mar. 12.
The company holds the No. 51 rank among its peers in the Finance-Investment Management industry group. P10, Hennessy Advisors and Ares Management are among the top 5 highly rated stocks within the group.
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