On Monday, ONE Gas earned an upgrade to its Relative Strength (RS) Rating, from 67 to 75.
IBD's unique rating measures price performance with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the trailing 52 weeks stacks up against all the other stocks in our database.
Decades of market research shows that the best-performing stocks often have an RS Rating north of 80 as they launch their largest runs. See if ONE Gas can continue to rebound and hit that benchmark.
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ONE Gas is working on a consolidation with a 78.89 buy point. See if the stock can clear the breakout price in heavy trade.
Earnings grew 6% last quarter, up from -24% in the prior report. Revenue also increased, from 1% to 4%.
ONE Gas earns the No. 6 rank among its peers in the Utility-Gas Distribution industry group. National Fuel Gas, Atmos Energy and New Jersey Resources are among the top 5 highly rated stocks within the group.
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