The Relative Strength (RS) Rating for Antero Resources entered a new percentile Thursday, with an increase from 75 to 81.
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This exclusive rating from Investor's Business Daily identifies price performance 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 reveals that the stocks that go on to make the biggest gains typically have an RS Rating north of 80 as they begin their biggest price moves.
While Antero Resources is not near an ideal buy point right now, see if it manages to form and break out from a proper base.
The company saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 0% to 205%. Revenue rose from -6% to -2%. The company is expected to report its latest results on or around Apr. 30.
The company holds the No. 11 rank among its peers in the Oil&Gas-U.S. Exploration & Production industry group. PrimeEnergy Resources, Gulfport Energy and Range Resources 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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