In a welcome move, Park National saw its Relative Strength Rating rise from 68 to 72 on Thursday.
IBD's proprietary RS Rating identifies technical performance by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database.
Over 100 years of market history reveals that the best-performing stocks typically have an 80 or higher RS Rating in the early stages of their moves. See if Park National can continue to rebound and hit that benchmark.
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Park National is not currently showing a potential buy point. See if the stock goes on to build a base that could ignite a new run.
Top and bottom line growth moved higher last quarter. Earnings were up 16%, compared to -1% in the prior report. Revenue increased from 13% to 22%.
The company holds the No. 25 rank among its peers in the Banks-Midwest industry group. UMB Financial, Equity Bancshares and Hawthorn Bancshares are among the top 5 highly rated stocks within the group.
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