The Relative Strength (RS) Rating for Paymentus Holdings climbed into a new percentile Thursday, with an increase from 80 to 83.
This exclusive rating from Investor's Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the last 52 weeks holds up against all the other stocks in our database.
Decades of market research reveals that the best stocks typically have an 80 or better RS Rating in the early stages of their moves.
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Paymentus Holdings has risen more than 5% past a 23.77 entry in a third-stage cup with handle, meaning it's now out of a proper buy zone. Look for the stock to create a new chance to pick up shares like a three-weeks tight or pullback to the 50-day or 10-week moving average.
Earnings growth declined last quarter from 67% to 44%, but revenue rose from 52% to 56%.
Paymentus Holdings holds the No. 3 rank among its peers in the Finance-Card/Payment Processing industry group. Visa Cl A 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.
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