Is Alta Equipment Group Inc (ALTG) Stock a Bad Value Thursday?

Alta Equipment Group Inc (ALTG) is around the top of the Industrials sector according to InvestorsObserver. ALTG received an overall rating of 73, which means that it scores higher than 73% of stocks. Additionally, Alta Equipment Group Inc scored a 77 in the Industrials sector, ranking it higher than 77% of stocks in that sector.

ALTG has an Overall Score of 73. Find out what this means to you and get the rest of the rankings on ALTG!

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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. *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 73 would rank higher than 73 percent of all stocks. Not only are these scores easy to understand, but it is easy to compare stocks to each other. You can find the best stock in industrials 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 Alta Equipment Group Inc Stock Today?

Alta Equipment Group Inc (ALTG) stock is higher by 3.75% while the S&P 500 has fallen -0.58% as of 12:43 PM on Thursday, Aug 24. ALTG is up $0.53 from the previous closing price of $14.15 on volume of 103,468 shares. Over the past year the S&P 500 has risen 6.51% while ALTG is up 15.59%. ALTG earned $0.26 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 55.65. Click Here to get the full Stock Report for Alta Equipment Group Inc stock.