Mercury General had its Relative Strength (RS) Rating upgraded from 69 to 74 Tuesday — a welcome improvement, but still short of the 80 or higher score you look for.
This exclusive rating from Investor's Business Daily tracks market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the last 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history shows that the best-performing stocks tend to have an RS Rating of above 80 in the early stages of their moves. See if Mercury General can continue to show renewed price strength and hit that benchmark.
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Mercury General is not currently offering a proper buying opportunity. See if the stock goes on to build a base that could launch a new move.
While revenue growth fell last quarter from 44% to -1%, earnings-per-share grew 142%, up from 123% in the previous report. The next quarterly results are expected on or around May 6.
The company earns the No. 28 rank among its peers in the Insurance-Property/Casualty/Title industry group. Goosehead Insurance Cl A, Skyward Specialty Ins and Investors Title are among the top 5 highly rated stocks within the group.
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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