Xometry had its Relative Strength (RS) Rating upgraded from 72 to 89 Thursday.
IBD's unique rating identifies market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the last 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history shows that the top-performing stocks tend to have an RS Rating of above 80 in the early stages of their moves.
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Xometry is not currently showing a potential entry point. See if the stock goes on to build a promising consolidation that could spark a new run.
Xometry reported 0% EPS growth last quarter, while sales growth came in at 16%. The company is expected to report its latest numbers on or around May 7.
The company earns the No. 1 rank among its peers in the Machinery-Materials Handling industry group. Proto Labs and Columbus McKinnon are also among the group's highest-rated stocks.
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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