The Relative Strength (RS) Rating for EverQuote entered a new percentile Friday, with an increase from 78 to 81.
IBD's unique RS Rating identifies technical performance by using a 1 (worst) to 99 (best) score that shows how a stock's price performance over the last 52 weeks matches up against the rest of the market.
Decades of market research shows that the top-performing stocks often have an 80 or better RS Rating in the early stages of their moves.
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Now is not an ideal time to jump in since it isn't near a proper buy zone, but see if the stock goes on to offer and clear an appropriate buy point.
The company showed 0% earnings growth last quarter. Sales gains came in at 163%.
The company earns the No. 11 rank among its peers in the Insurance-Diversified industry group. Palomar Holdings, Bowhead Specialty and Hamilton Insurance Cl B are among the top 5 highly rated stocks within the group.
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