On Friday, Pagaya Technologies received a positive adjustment to its Relative Strength (RS) Rating, from 77 to 82.
IBD's proprietary rating identifies price action with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the last 52 weeks holds up against all the other stocks in our database.
Decades of market research reveals that the top-performing stocks typically have an 80 or better RS Rating as they launch their biggest runs.
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Pagaya Technologies is not currently near a potential buying area. See if the stock goes on to build a chart pattern that could launch a new move.
While earnings-per-share growth declined last quarter from 100% to -15%, revenue rose 28%, up from 21% in the prior report.
Pagaya Technologies earns the No. 16 rank among its peers in the Computer Software-Financial industry group. Clearwater Analytics, Intapp and MoneyLion 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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