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Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY

WR Berkley Shows Rising Relative Price Performance; Still Shy Of Key Threshold

The Relative Strength (RS) Rating for WR Berkley headed into a new percentile Friday, as it got a lift from 67 to 72.

This unique rating measures technical performance by using a 1 (worst) to 99 (best) score that identifies how a stock's price performance over the trailing 52 weeks compares to other publicly traded companies.

History shows that the stocks that go on to make the biggest gains typically have an RS Rating north of 80 as they begin their largest runs. See if WR Berkley can continue to rebound and hit that benchmark.

How To Invest In Stocks In Both Bull And Bear Markets

WR Berkley is not currently near a potential buy zone. See if the stock goes on to form a base that could kick off a new climb.

While the company's bottom line growth dropped last quarter from 37% to 3%, sales grew 12%, up from 11% in the previous report.

The company holds the No. 15 rank among its peers in the Insurance-Property/Casualty/Title industry group. Kinsale Capital Group, Mercury General and Allstate are among the top 5 highly rated stocks within the group.

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