The Relative Strength (RS) Rating for Burford Capital headed into a higher percentile Wednesday, as it got a lift from 69 to 77.
Can You Really Time The Stock Market?
IBD's proprietary RS Rating measures technical performance 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 reveals that the top-performing stocks often have an RS Rating of above 80 in the early stages of their moves. See if Burford Capital can continue to rebound and clear that threshold.
Burford Capital is working on a consolidation with a 15.73 entry. See if it can break out in heavy volume.
Earnings growth moved up last quarter from -50% to 0%, but the top line fell from -32% to -68%.
The company holds the No. 44 rank among its peers in the Finance-Investment Management industry group. Acadian Asset Management, P10 and Sprott 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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