The Relative Strength (RS) Rating for Chesapeake Utilities moved up into a new percentile Monday, as it got a lift from 65 to 73.
This exclusive rating from Investor's Business Daily measures share price performance with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the trailing 52 weeks compares to all the other stocks in our database.
History reveals that the market's biggest winners tend to have an 80 or higher RS Rating in the early stages of their moves. See if Chesapeake Utilities can continue to show renewed price strength and hit that benchmark.
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Chesapeake Utilities is trying to complete a flat base with a 134.20 entry. See if the stock can clear the breakout price in volume at least 40% above average.
Earnings growth increased last quarter from -4% to 16%. But revenue gains fell from 23% to 22%. The next quarterly numbers are expected on or around Feb. 26.
The company holds the No. 2 rank among its peers in the Utility-Diversified industry group. Ameren Corp is the No. 1-ranked stock within the group.
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