NKLA, a player in the electric vehicle market, was up 0.11% on Wednesday as it underperformed the market. The 46 review Investor Observer indicates Nikola Corp. (NKLA) shares place it near the top of the Farm & Heavy Construction Machinery industry. In addition to scoring over 72 percent of the stock in the Farm & Heavy Construction Machinery sector, NKLA 46’s overall rating means the stock outperforms 46 percent of all stocks.
What do these reviews mean?
Finding the best stocks can be tricky. It is not easy to compare companies from different sectors. Even companies with relatively similar companies can sometimes be difficult to compare. Investor Observer‘s tools enable a top-down approach that allows you to pick a metric, find the top sector and industry, and then find the top stocks in that sector. Our proprietary scoring system captures technical factors, fundamental analysis and the opinions of analysts on Wall Street. This makes Investor Observer‘s overall rating is a great way to get started, regardless of your investing style. Percentile-ranked scores are also easy to understand. A score of 100 is the top and a 0 is the bottom. No need to try to remember what is “good” for a lot of complicated ratios, just pay attention to which numbers are the highest.
What will happen to Nikola Corp stock today?
Nikola Corp (NKLA) stock trades at 10:07 AM on Wednesday, July 6, at $5.20, up $0.01, or 0.11% from its previous closing price of $5.19. Volume today is below average. So far, 1,419,317 shares have been traded compared to an average volume of 11,915,216 shares. The stock has traded between $4.95 and $5.24 so far today. Click here for the full stock report for Nikola Corp stock.
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