Euronet Worldwide saw a welcome improvement to its Relative Strength (RS) Rating on Monday, rising from 65 to 73.
This unique rating measures market leadership by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database.
Over 100 years of market history reveals that the stocks that go on to make the biggest gains often have an RS Rating north of 80 in the early stages of their moves. See if Euronet Worldwide can continue to rebound and hit that benchmark.
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While the stock is not near a proper entry right now, see if it is able to form and break out from a proper consolidation.
Earnings growth increased last quarter from 35% to 47%, but the top line fell from 11% to 9%. Keep an eye out for the company's next round of numbers on or around Jul. 24.
Euronet Worldwide holds the No. 8 rank among its peers in the Finance-Card/Payment Processing industry group. Kaspi.kz ADR, Mastercard and Nuvei are among the top 5 highly rated stocks within the group.
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