Lancaster Colony had its Relative Strength (RS) Rating upgraded from 66 to 76 Wednesday — a welcome improvement, but still shy of the 80 or higher score you prefer to see.
This proprietary rating measures market leadership by showing how a stock's price movement over the last 52 weeks measures up against that of the other stocks in our database.
History shows that the best stocks typically have an RS Rating of above 80 as they launch their biggest price moves. See if Lancaster Colony can continue to rebound and clear that threshold.
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Lancaster Colony is not currently showing a potential entry point. See if the stock goes on to build a sound pattern that could launch a new move.
Top and bottom line growth moved higher last quarter. Earnings were up 12%, compared to -5% in the prior report. Revenue increased from 1% to 5%.
The company earns the No. 3 rank among its peers in the Food-Packaged industry group. Kellanova is the No. 1-ranked stock within the group.
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