In a welcome move, Flywire saw its Relative Strength Rating rise from 63 to 71 on Tuesday.
This exclusive rating from Investor's Business Daily tracks market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the trailing 52 weeks holds up against all the other stocks in our database.
History shows that the best stocks tend to have an 80 or better RS Rating as they launch their largest runs. See if Flywire can continue to show renewed price strength and hit that benchmark.
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While the stock is not near an ideal buying range right now, see if it manages to form and break out from a proper chart pattern.
Earnings grew 275% last quarter, up from 0% in the prior report. Revenue also increased, from 22% to 27%.
The company holds the No. 18 rank among its peers in the Finance-Card/Payment Processing industry group. Shift4 Payments, Paymentus Holdings and Block are among the top 5 highly rated stocks within the group.
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