Electric Vehicle Stock Rated in Top of Farm & Heavy Construction Machinery Industry Thursday; Should You Hold Nikola Corp (NKLA)?

NKLA, a player in the electric vehicle market, is lower by 5.96% Thursday as it underperforms the market. Nikola Corp (NKLA) is around the top of the Farm & Heavy Construction Machinery industry according to InvestorsObserver. NKLA received an overall rating of 56, which means that it scores higher than 56 percent of all stocks. Nikola Corp also achieved a score of 79 in the Farm & Heavy Construction Machinery industry, putting it above 79 percent of Farm & Heavy Construction Machinery stocks. Farm & Heavy Construction Machinery is ranked 118 out of the 148 industries.

NKLA has an Overall Score of 56. Find out what this means to you and get the rest of the rankings on NKLA!

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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. InvestorsObserver allows you to choose from eight unique metrics to view the top industries and the best performing stocks in that industry. A score of 56 would rank higher than 56 percent of all 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 Nikola Corp Stock Today?

Nikola Corp (NKLA) stock is trading at $3.71 as of 10:36 AM on Thursday, Sep 29, a drop of -$0.24, or -5.96% from the previous closing price of $3.94. The stock has traded between $3.66 and $3.91 so far today. Volume today is low. So far 3,084,356 shares have traded compared to average volume of 13,477,304 shares. Click Here to get the full Stock Report for Nikola Corp stock.