A rating of 85 puts Electrameccanica Vehicles Corp (SOLO) near the top of the Auto Manufacturers industry according to InvestorsObserver. Electrameccanica Vehicles Corp's score of 85 means it scores higher than 85% of stocks in the industry. Electrameccanica Vehicles Corp also received an overall rating of 63, putting it above 63% of all stocks. Auto Manufacturers is ranked 67 out of the 148 industries.
What do These Ratings Mean?
Finding the best stocks can be tricky. It isn’t easy to compare companies across industries. Even companies that have relatively similar businesses can be tricky to compare sometimes. InvestorsObserver’s tools allow a top-down approach that lets you pick a metric, find the top sector and industry and then find the top stocks in that sector.
These scores are not only easy to understand, but it is easy to compare stocks to each other. You can find the best stock in an industry, or look for the sector that has the highest average score. The overall score is a combination of technical and fundamental factors that serves as a good starting point when analyzing a stock. Traders and investors with different goals may have different goals and will want to consider other factors than just the headline number before making any investment decisions.
What's Happening With Electrameccanica Vehicles Corp Stock Today?
Electrameccanica Vehicles Corp (SOLO) stock is up 3.04% while the S&P 500 is down -3.68% as of 1:05 PM on Thursday, Sep 3. SOLO has risen $0.08 from the previous closing price of $2.65 on volume of 9,361,315 shares. Over the past year the S&P 500 has risen 17.41% while SOLO has risen 12.81%. SOLO lost -$0.53 per share the over the last 12 months.
Click Here to get the full Stock Score Report on Electrameccanica Vehicles Corp (SOLO) Stock.
