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Lions Gate Entertainment Shows Rising Relative Price Performance; Still Shy Of Key Threshold

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Lions Gate Entertainment (LGFA) saw a positive improvement to its Relative Strength ( RS ) Rating on Thursday, with an increase from 65 to 71.

[ibd-display-video id=2385970 width=50 float=left autostart=true] IBD's unique rating measures market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the trailing 52 weeks holds up against all the other stocks in our database.

History reveals that the stocks that go on to make the biggest gains often have an RS Rating of above 80 in the early stages of their moves. See if Lions Gate Entertainment can continue to rebound and hit that benchmark.

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While now is not an ideal time to jump in, see if the stock manages to establish and enter a buying range in heavy trade.

While earnings growth decreased in the company's most recently reported quarter from 315% to 308%, revenue rose 82%, up from 59% in the previous report. Look for the next report on or around Nov. 3.

Lions Gate Entertainment earns the No. 3 rank among its peers in the Leisure-Movies & Related industry group. Netflix ( NFLX ) is the top-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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