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How Does PubMatic Inc (PUBM) Stock Rank on Wall Street Wednesday?

Wednesday, May 18, 2022 02:37 PM | InvestorsObserver Analysts

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How Does PubMatic Inc (PUBM) Stock Rank on Wall Street Wednesday?

Analysts who follow PubMatic Inc (PUBM) on average expect it to rise 63.93% over the next twelve months. Those same analysts give the stock an average rating of Strong Buy. That average rating earns the stock an Analyst Ranking of 63, which means it ranks higher than 63 of stocks, based on data compiled by InvestorsObserver.

Overall Score - 4.7
Wall Street analysts are rating PUBM a Strong Buy today. Find out what this means to you and get the rest of the rankings on PUBM!

Why are Analyst Ratings Important?

A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement. InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.

What's Happening With PubMatic Inc Stock Today?

PubMatic Inc (PUBM) stock is trading at $21.35 as of 2:32 PM on Wednesday, May 18, a loss of -$0.51, or -2.33% from the previous closing price of $21.86. The stock has traded between $21.02 and $22.88 so far today. Volume today is low. So far 403,283 shares have traded compared to average volume of 921,665 shares. Click Here to get the full Stock Report for PubMatic Inc stock.

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