The 55 rating InvestorsObserver gives to CBAK Energy Technology Inc (CBAT) stock puts it near the middle of the Electrical Equipment & Parts industry. In addition to scoring higher than 61 percent of stocks in the Electrical Equipment & Parts industry, CBAT’s 55 overall rating means the stock scores better than 55 percent of all stocks.
What do These Ratings Mean?
Finding the best stocks can be tricky. It isn’t easy to compare companies across industries. Even companies that have relatively similar businesses 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 top stocks in that sector.
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 $7.17 as of 10:18 AM on Monday, Jan 11, a loss of -$0.43, or -5.66% from the previous closing price of $7.60. The stock has traded between $6.60 and $7.21 so far today. Volume today is below average. So far 3,161,993 shares have traded compared to average volume of 9,536,892 shares.
Click Here to get the full Stock Score Report on CBAK Energy Technology Inc (CBAT) Stock.
