Is Lumentum Holdings Inc (LITE) a Leader in the Communication Equipment Industry?

The 50 rating InvestorsObserver gives to Lumentum Holdings Inc (LITE) stock puts it near the middle of the Communication Equipment industry. In addition to scoring higher than 58 percent of stocks in the Communication Equipment industry, LITE’s 50 overall rating means the stock scores better than 50 percent of all stocks.

LITE has an Overall Score of 50. Find out what this means to you and get the rest of the rankings on LITE!

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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 rankings allows you to easily compare stocks and view what the strengths and weaknesses are of a given company. This lets you find the stocks with the best short and long term growth prospects in a matter of seconds. The combined score incorporates technical and fundamental analysis in order to give a comprehensive overview of a stocks performance. Investors who then want to focus on analysts rankings or valuations are able to see the separate scores for each section.

What's Happening With Lumentum Holdings Inc Stock Today?

Lumentum Holdings Inc (LITE) stock is trading at $93.27 as of 3:36 PM on Thursday, Aug 18, an increase of $3.96, or 4.43% from the previous closing price of $89.31. The stock has traded between $89.20 and $93.44 so far today. Volume today is high. So far 1,140,690 shares have traded compared to average volume of 680,994 shares. Click Here to get the full Stock Report for Lumentum Holdings Inc stock.