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IBD Rating Upgrades: Bank Of N T Butterfield Shows Improved Relative Price Strength

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Bank Of N T Butterfield ( NTB ) saw a positive improvement to its Relative Strength ( RS ) Rating on Thursday, with an upgrade from 68 to 75.

[ibd-display-video id=2385970 width=50 float=left autostart=true] This exclusive rating from Investor's Business Daily measures share price action with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the trailing 52 weeks holds up against all the other stocks in our database.

Decades of market research reveals that the top-performing stocks tend to have an RS Rating of at least 80 in the early stages of their moves. See if Bank Of N T Butterfield can continue to rebound and hit that benchmark.

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Bank Of N T Butterfield is working on a flat base with a 40.90 entry . See if the stock can break out in volume at least 40% higher than normal.

Top and bottom line growth moved higher last quarter. Earnings were up 16%, compared to 12% in the prior report. Revenue increased from 7% to 11%.

The company holds the No. 3 rank among its peers in the Banks-Foreign industry group. KB Financial ( KB ) is the No. 1-ranked stock 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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