PTC Therapeutics stock saw a positive improvement to its Relative Strength (RS) Rating on Wednesday, rising from 61 to 72.
This unique rating measures technical performance by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database.
Decades of market research reveals that the best-performing stocks typically have an RS Rating north of 80 in the early stages of their moves. See if PTC Therapeutics stock can continue to show renewed price strength and clear that threshold.
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Is PTC Therapeutics Stock A Buy?
PTC Therapeutics is working on a cup without handle with a 32.91 buy point. See if the stock can break out in volume at least 40% higher than normal.
The biotech company showed 0% earnings growth last quarter. Revenue gains came in at -5%.
PTC Therapeutics stock earns the No. 227 rank among its peers in the Medical-Biomed/Biotech industry group. Neurocrine Biosciences, Alpine Immune Sciences and Halozyme Therapeutics are among the top 5 highly rated stocks within the group. For more industry news, check out "Biotech And Pharmaceutical Industry And Stock News."
