EV Watch: Lordstown Motors Corp (RIDE) Is 3.55% Higher Tuesday

Tuesday, October 04, 2022 01:58 PM | InvestorsObserver Analysts

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EV Watch: Lordstown Motors Corp (RIDE) Is 3.55% Higher Tuesday

RIDE stock is higher by 3.55% as the EV stock increases $0.06 and outperforms the marketThe 13 rating InvestorsObserver gives to Lordstown Motors Corp (RIDE) stock puts it near the middle of the Consumer Cyclical sector. In addition to scoring higher than 48 percent of stocks in the Consumer Cyclical sector, RIDE’s 13 overall rating means the stock scores better than 13 of all stocks.

RIDE has an Overall Score of 13. 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?

Finding the best stocks can be tricky. It isn’t easy to compare companies across industries. Even companies in the consumer cyclical sector 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 best stocks in that sector. This ranking system incorporates numerous factors used by analysts to compare stocks in greater detail. This allows you to find the best stocks available in the consumer cyclical sector with relative ease. These percentile-ranked scores using both fundamental and technical analysis give investors an easy way to view the attractiveness of specific stocks. Stocks with the highest scores have the best evaluations by analysts working on Wall Street.

What's Happening With Lordstown Motors Corp Stock Today?

Lordstown Motors Corp (RIDE) stock is trading at $1.75 as of 1:58 PM on Tuesday, Oct 4, an increase of $0.06, or 3.55% from the previous closing price of $1.69. The stock has traded between $1.74 and $1.81 so far today. Volume today is low. So far 2,283,773 shares have traded compared to average volume of 3,407,349 shares. Click Here to get the full Stock Report for Lordstown Motors Corp stock.