Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY

WNS (Holdings) Sees RS Rating Rise To 71

WNS (Holdings) saw a positive improvement to its Relative Strength (RS) Rating on Wednesday, rising from 66 to 71.

IBD's proprietary RS Rating tracks market leadership by using a 1 (worst) to 99 (best) score that shows how a stock's price action over the last 52 weeks compares to other publicly traded companies.

Over 100 years of market history reveals that the market's biggest winners often have an RS Rating north of 80 as they launch their biggest climbs. See if WNS (Holdings) can continue to show renewed price strength and hit that benchmark.

Can You Really Time The Stock Market?

Now is not an ideal time to jump in since it isn't near a proper buy zone, but see if the stock manages to form a consolidation and break out.

Earnings growth dropped last quarter from 3% to -13%. But sales moved higher, from -3% to 2%.

WNS (Holdings) earns the No. 9 rank among its peers in the Commercial Services-Outsourcing industry group. ExlService Holdings, HealthEquity and Red Violet are among the top 5 highly rated stocks within the group.

RELATED:

Stocks With Rising Relative Strength Ratings

Why Should You Use IBD's Relative Strength Rating?

How Relative Strength Line Can Help You Judge A Stock

Ready To Grow Your Investing Skills? Join An IBD Meetup Group!

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.