The upgrade means the stock is now outpacing 97% of all other stocks in terms of key performance metrics and technical strength. The market’s biggest winners often have a 95 or higher score in the early stages of a new price run. That’s an important benchmark to look for when looking for the best stocks to buy and watch.
Rocky Brands stock is currently extended beyond a proper buy zone after clearing the 32.84 buy point in a cup without handle. Be aware that it is a thinly traded stock, with average daily dollar volume under $8 million.
Rocky Brands stock sports a 99 EPS Rating, which means its recent quarterly and annual earnings growth is outpacing 99% of all stocks.
Its Accumulation/Distribution Rating of C shows a roughly equal amount of buying and selling by institutional investors over the last 13 weeks.
In Q2, the company reported 120% EPS growth. Sales growth increased 134%, up from 57% in the prior quarter. The company has now posted rising growth in each of the last two reports. The company’s next quarterly report is expected on or around Oct. 27.
Rocky Brands stock holds the No. 2 rank among its peers in the Apparel-Shoes & Related industry group. Crocs (CROX) is the top-ranked stock within the group.
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