A rating of 76 puts Magnite Inc (MGNI) near the top of the Advertising Agencies industry according to InvestorsObserver. Magnite Inc's score of 76 means it scores higher than 76% of stocks in the industry. Magnite Inc also received an overall rating of 53, putting it above 53% of all stocks. Advertising Agencies is ranked 72 out of the 148 industries.
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 Magnite Inc Stock Today?
Magnite Inc (MGNI) stock has risen 1.37% while the S&P 500 has fallen -0.14% as of 10:46 AM on Monday, Oct 19. MGNI has risen $0.12 from the previous closing price of $8.74 on volume of 757,764 shares. Over the past year the S&P 500 has gained 15.71% while MGNI has risen 0.23%. MGNI lost -$0.62 per share the over the last 12 months.