Gulfport Energy saw a welcome improvement to its Relative Strength (RS) Rating on Monday, rising from 79 to 83.
IBD's unique rating measures price movement with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the trailing 52 weeks compares to all the other stocks in our database.
History shows that the best stocks tend to have an RS Rating of above 80 in the early stages of their moves.
Hone Your Stock-Picking Skills By Focusing On These Factors
Gulfport Energy is building a consolidation with a 201.18 buy point. See if it can clear the breakout price in heavy trading.
While the company's top line growth fell last quarter from -5% to -51%, EPS grew 84%, up from 0% in the previous report.
Gulfport Energy holds the No. 4 rank among its peers in the Oil&Gas-U.S. Exploration & Production industry group. PrimeEnergy Resources is the top-ranked stock 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.
RELATED:
Which Stocks Are Showing Improved Technical Action?
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!