On Thursday, Gulfport Energy received an upgrade to its Relative Strength (RS) Rating, from 74 to 82.
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IBD's unique rating measures share price movement with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the last 52 weeks stacks up against all the other stocks in our database.
Decades of market research reveals that the best stocks often have an 80 or higher RS Rating in the early stages of their moves.
Gulfport Energy is building a consolidation with a 201.18 buy point. See if the stock can break out in volume at least 40% higher than normal.
While the company's top line growth fell last quarter from -5% to -51%, the bottom line grew 84%, up from 0% in the prior report. Keep an eye out for the company's next round of numbers on or around May 6.
Gulfport Energy earns the No. 4 rank among its peers in the Oil&Gas-U.S. Exploration & Production industry group. PrimeEnergy Resources is the No. 1-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.
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