In a welcome move, Martin Marietta stock saw its Relative Strength Rating rise from 62 to 71 on Monday.
This proprietary rating tracks market leadership by using a 1 (worst) to 99 (best) score that shows how a stock's price action over the trailing 52 weeks compares to other publicly traded companies.
History shows that the best-performing stocks often have an RS Rating north of 80 in the early stages of their moves. See if Martin Marietta stock can continue to show renewed price strength and hit that benchmark.
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Is Martin Marietta Stock A Buy?
Martin Marietta stock is trying to complete a consolidation with a 626.67 buy point. See if it can clear the breakout price in volume at least 40% above average.
In terms of top and bottom line numbers, Martin Marietta has posted rising EPS growth in each of the last three reports. Top line growth has not followed the same trajectory, coming in at -8% last quarter. Martin Marietta is expected to report its next quarterly numbers on or around Aug. 8.
The natural resourced-based building materials company earns the No. 4 rank among its peers in the Building-Cement/Concrete/Aggregates industry group. U.S. Lime & Minerals is the top-ranked stock within the group.
