Markets

Hi-Crush Partners Shows Rising Price Performance With Jump To 83 RS Rating

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On Wednesday, Hi-Crush Partners ( HCLP ) earned an upgrade to its Relative Strength ( RS ) Rating , from 79 to 83.

[ibd-display-video id=2368044 width=50 float=left autostart=true] This exclusive rating from Investor's Business Daily measures share price performance with a 1 (worst) to 99 (best) score. The grade 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 shows that the market's biggest winners typically have an RS Rating north of 80 in the early stages of their moves.

See How IBD Helps You Make More Money In Stocks

Now is not an ideal time to jump in since it isn't near a proper buy zone, but see if the stock is able to form a consolidation and break out.

In terms of revenue and profits, the company has posted four quarters of increasing earnings growth. Sales gains have also risen during the same period. Hi-Crush Partners is expected to report its next quarterly numbers on or around Feb. 21.

Hi-Crush Partners holds the No. 14 rank among its peers in the Chemicals-Specialty industry group. Ferro ( FOE ), KMG Chemicals ( KMG ) and Kronos Worldwide ( KRO ) are among the top 5 highly rated stocks within the group.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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