EV Stock Alert: Lordstown Motors Corp (RIDE), a Bottom-Rated Stock in the Auto Manufacturers Industry, Rises 19.55% In a Week

Wednesday, November 30, 2022 03:06 PM | InvestorsObserver Analysts

Mentioned in this article

EV Stock Alert: Lordstown Motors Corp (RIDE), a Bottom-Rated Stock in the Auto Manufacturers Industry, Rises 19.55% In a Week

RIDE stock is higher by 11.2% as the EV stock increases $0.16 and outperforms the market Lordstown Motors Corp (RIDE) is near the bottom in its industry group according to InvestorsObserver. RIDE gets an overall rating of 21. That means it scores higher than 21 percent of stocks. Lordstown Motors Corp gets a 30 rank in the Auto Manufacturers industry. Auto Manufacturers is number 139 out of 148 industries.

RIDE has an Overall Score of 21. Find out what this means to you and get the rest of the rankings on RIDE!

See Full RIDE Report

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 21 means the stock is more attractive than 21 percent of stocks. These rankings allows you to easily compare stocks and view what the strengths and weaknesses are of a given company. This lets you find the stocks with the best short and long term growth prospects in a matter of seconds. The combined score incorporates technical and fundamental analysis in order to give a comprehensive overview of a stocks performance. Investors who then want to focus on analysts rankings or valuations are able to see the separate scores for each section.

What's Happening With Lordstown Motors Corp Stock Today?

Lordstown Motors Corp (RIDE) stock is trading at $1.59 as of 2:57 PM on Wednesday, Nov 30, a gain of $0.16, or 11.2% from the previous closing price of $1.43. The stock has traded between $1.47 and $1.66 so far today. Volume today is elevated. So far 8,812,664 shares have traded compared to average volume of 5,781,865 shares. Click Here to get the full Stock Report for Lordstown Motors Corp stock.