On Thursday, FirstService received an upgrade to its Relative Strength (RS) Rating, from 66 to 75.
IBD's unique rating identifies market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the last 52 weeks stacks up against all the other stocks in our database.
History reveals that the top-performing stocks typically have an RS Rating north of 80 in the early stages of their moves. See if FirstService can continue to rebound and clear that threshold.
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FirstService is trying to complete a consolidation with a 197.84 buy point. See if the stock can break out in volume at least 40% higher than normal.
While earnings growth fell in the company's most recent performance report from 30% to 21%, revenue grew 27%, up from 25% in the previous report. The next quarterly numbers are expected on or around Apr. 24.
The company holds the No. 1 rank among its peers in the Real Estate-Development/Operations industry group. CBRE Group and Grupo Aeroportuario ADR are also among the group's highest-rated stocks.
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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