PJT Partners saw a welcome improvement to its Relative Strength (RS) Rating on Thursday, rising from 80 to 86.
IBD's unique RS Rating identifies technical performance by using a 1 (worst) to 99 (best) score that identifies how a stock's price action over the last 52 weeks matches up against that of all other stocks.
History shows that the market's biggest winners typically have an 80 or higher RS Rating as they begin their biggest climbs.
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While the stock is not near an ideal buying range right now, see if it goes on to form and break out of a proper base.
Earnings grew 98% last quarter, up from 19% in the prior report. Revenue also increased, from 17% to 45%. The next quarterly results are expected on or around May 6.
The company holds the No. 4 rank among its peers in the Finance-Investment Banking/Brokers industry group. Futu Holdings ADR 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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