On Monday, Flywire got an upgrade to its Relative Strength (RS) Rating, from 67 to 76.
IBD's proprietary rating identifies market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the last 52 weeks stacks up against all the other stocks in our database.
Decades of market research shows that the stocks that go on to make the biggest gains typically have an 80 or higher RS Rating as they launch their biggest climbs. See if Flywire can continue to show renewed price strength and clear that threshold.
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While Flywire is not near an ideal buy zone right now, see if it manages to form and break out of a proper base.
Earnings grew 275% last quarter, up from 0% in the prior report. Revenue also increased, from 22% to 27%.
The company earns the No. 16 rank among its peers in the Finance-Card/Payment Processing industry group. Shift4 Payments, Paymentus Holdings and Toast are among the top 5 highly rated stocks within the group.
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