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Can Freeport-McMoRan Inc (FCX) Stock Rise to the Top of Basic Materials Sector Friday?

Friday, July 07, 2023 02:10 PM | InvestorsObserver Analysts

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Can Freeport-McMoRan Inc (FCX) Stock Rise to the Top of Basic Materials Sector Friday?

Freeport-McMoRan Inc (FCX) is near the top in its sector according to InvestorsObserver. FCX gets an overall rating of 70. That means it scores higher than 70% of stocks. Freeport-McMoRan Inc gets a 71 rank in the Basic Materials sector. Basic Materials is number 9 out of 11 sectors.

Overall Score - 70
FCX has an Overall Score of 70. Find out what this means to you and get the rest of the rankings on FCX!

What do These Ratings Mean?

Analyzing stocks can be hard. There are tons of numbers and ratios, and it can be hard to remember what they all mean and what counts as “good” for a given value. InvestorsObserver ranks stocks on eight different metrics. We percentile rank most of our scores to make it easy for investors to understand. A score of 70 means the stock is more attractive than 70 percent of stocks. Our proprietary scoring system captures technical factors, fundamental analysis and the opinions of analysts on Wall Street. This makes InvestorsObserver’s overall rating 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. There’s no need to try to remember what is “good” for a bunch of complicated ratios, just pay attention to which numbers are the highest.

What's Happening With Freeport-McMoRan Inc Stock Today?

Freeport-McMoRan Inc (FCX) stock is trading at $39.02 as of 1:59 PM on Friday, Jul 7, a rise of $1.11, or 2.93% from the previous closing price of $37.91. The stock has traded between $37.81 and $39.14 so far today. Volume today is low. So far 6,134,104 shares have traded compared to average volume of 12,812,729 shares. Click Here to get the full Stock Report for Freeport-McMoRan Inc stock.

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