The 51 rating InvestorsObserver gives to Miragen Therapeutics Inc (MGEN) stock puts it near the top of the Biotechnology industry. In addition to scoring higher than 58 percent of stocks in the Biotechnology industry, MGEN’s 51 overall rating means the stock scores better than 51 percent of all stocks.
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 51 means the stock is more attractive than 51 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 Miragen Therapeutics Inc Stock Today?
Miragen Therapeutics Inc (MGEN) stock has gained 35.95% while the S&P 500 has fallen -1.23% as of 2:40 PM on Monday, Jan 27. MGEN has gained $0.35 from the previous closing price of $0.97 on volume of 7,498,372 shares. Over the past year the S&P 500 has risen 23.11% while MGEN has fallen -53.02%. MGEN lost -$1.36 per share the over the last 12 months.