Here Is Why Bargain Hunters Would Love Fast-paced Mover Newpark (NR)

While any stock can see a spike in price for a short period, it takes a real momentum player to deliver positive returns for a longer time frame. NR meets this criterion too, as the stock gained 20.6% over the past 12 weeks. Moreover, the momentum for NR is fast paced, as the stock currently has a beta of 2.78. This indicates that the stock moves 178% higher than the market in either direction. Given this price performance, it is no surprise that NR has a Momentum Score of A, which indicates that this is th ...