Pure Storage Inc (PSTG) is around the top of the Computer Hardware industry according to InvestorsObserver. PSTG received an overall rating of 44, which means that it scores higher than 44 percent of all stocks. Pure Storage Inc also achieved a score of 67 in the Computer Hardware industry, putting it above 67 percent of Computer Hardware stocks. Computer Hardware is ranked 114 out of the 148 industries.
What do These Ratings Mean?
Searching for the best stocks to invest in can be difficult. There are thousands of options and it can be confusing on what actually constitutes a great value. Investors Observer allows you to choose from eight unique metrics to view the top industries and the best performing stocks in that industry. A score of 44 would rank higher than 44 percent of all stocks.
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 Pure Storage Inc Stock Today?
Pure Storage Inc (PSTG) stock is trading at $17.08 as of 12:01 PM on Thursday, May 13, a rise of $0.05, or 0.29% from the previous closing price of $17.03. Volume today is less active than usual. So far 2,351,616 shares have traded compared to average volume of 3,582,363 shares. The stock has traded between $16.96 and $17.75 so far today.