On Monday, PennyMac Finl Svcs got an upgrade to its Relative Strength (RS) Rating, from 67 to 74.
This exclusive rating from Investor's Business Daily identifies share price movement with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the last 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history reveals that the stocks that go on to make the biggest gains tend to have an RS Rating north of 80 in the early stages of their moves. See if PennyMac Finl Svcs can continue to rebound and clear that threshold.
When To Sell Stocks To Lock In Profits And Minimize Losses
PennyMac Finl Svcs is not currently near a potential buying area. See if the stock goes on to build a chart pattern that could launch a new move.
PennyMac Finl Svcs reported 97% EPS growth in the latest quarterly report. Sales rose 3%.
The company earns the No. 9 rank among its peers in the Finance-Mortgage & Related Services industry group. Velocity Financial, Finance of America and Fed Agric Mtg Cl A are among the top 5 highly rated stocks within the group.
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