Kinsale Capital Group saw its IBD SmartSelect Composite Rating rise to 97 Monday, up from 93 the day before.
The upgrade means the stock is now outpacing 97% of all other stocks in terms of key performance metrics and technical strength.
Kinsale Capital Group is currently forming a cup with handle, with a 531.79 entry. Look for the stock to break out in volume at least 40% higher than normal. But note that it's a later-stage base, and such bases are more prone to failure.
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The stock earns a 99 EPS Rating, which means its recent quarterly and longer-term annual earnings growth tops 99% of all stocks.
Its Accumulation/Distribution Rating of C shows a roughly equal amount of buying and selling by institutional investors over the last 13 weeks.
In Q4, the company posted 19% earnings growth. Revenue growth came in at 17%, down from 33% in the previous quarter.
Kinsale Capital Group earns the No. 5 rank among its peers in the Insurance-Property/Casualty/Title industry group. Goosehead Insurance Cl A is the No. 1-ranked stock within the group.
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