CBAK Energy Technology Inc (CBAT) is around the top of the Electrical Equipment & Parts industry according to InvestorsObserver. CBAT received an overall rating of 64, which means that it scores higher than 64 percent of all stocks. CBAK Energy Technology Inc also achieved a score of 83 in the Electrical Equipment & Parts industry, putting it above 83 percent of Electrical Equipment & Parts stocks. Electrical Equipment & Parts is ranked 53 out of the 148 industries.
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 64 means the stock is more attractive than 64 percent of stocks.
These scores are not only easy to understand, but it is easy to compare stocks to each other. You can find the best stock in an industry, 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 CBAK Energy Technology Inc Stock Today?
CBAK Energy Technology Inc (CBAT) stock is trading at $2.27 as of 9:46 AM on Thursday, Oct 1, an increase of $0.25, or 12.5% from the previous closing price of $2.02. The stock has traded between $2.03 and $2.40 so far today. Volume today is low. So far 276,237 shares have traded compared to average volume of 12,905,379 shares.
Click Here to get the full Stock Score Report on CBAK Energy Technology Inc (CBAT) Stock.
