Zurn Elkay Water Solns had its Relative Strength (RS) Rating upgraded from 69 to 74 Monday — a welcome improvement, but still short of the 80 or higher score you prefer to see.
This exclusive rating from Investor's Business Daily identifies share price performance with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the trailing 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history shows that the market's biggest winners typically have an RS Rating of over 80 in the early stages of their moves. See if Zurn Elkay Water Solns can continue to rebound and hit that benchmark.
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While Zurn Elkay Water Solns is not near a proper buy zone right now, see if it manages to form and break out of a proper consolidation.
Zurn Elkay Water Solns saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 17% to 23%. Revenue rose from 3% to 4%.
The company earns the No. 13 rank among its peers in the Machinery-General Industrial industry group. ESCO Technologies, Energy Recovery and Badger Meter are among the top 5 highly rated stocks 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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