Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY

Flywire Sees RS Rating Improve To 72

The Relative Strength (RS) Rating for Flywire climbed into a new percentile Friday, as it got a lift from 69 to 72.

This proprietary rating tracks market leadership by using a 1 (worst) to 99 (best) score that shows how a stock's price performance over the trailing 52 weeks compares to the rest of the market.

Decades of market research reveals that the best stocks often have an RS Rating north of 80 in the early stages of their moves. See if Flywire can continue to rebound and clear that threshold.

How To Invest In Stocks In Both Bull And Bear Markets

Flywire is trying to complete a consolidation with a 23.40 entry. See if it can break out in heavy volume.

Top and bottom line growth moved higher in the company's most recent quarter. Earnings were up 275%, compared to 0% in the prior report. Revenue increased from 22% to 27%.

Flywire earns the No. 23 rank among its peers in the Finance-Card/Payment Processing industry group. Shift4 Payments, Paymentus Holdings and Discover Finl Svcs are among the top 5 highly rated stocks within the group.

RELATED:

Stocks With Rising Relative Strength Ratings

Why Should You Use IBD's Relative Strength Rating?

How Relative Strength Line Can Help You Judge A Stock

Ready To Grow Your Investing Skills? Join An IBD Meetup Group!

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.