The 55 rating InvestorsObserver gives to NetApp Inc. (NTAP) stock puts it near the top of the Computer Hardware industry. In addition to scoring higher than 86 percent of stocks in the Computer Hardware industry, NTAP’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 NetApp Inc. Stock Today?
NetApp Inc. (NTAP) stock is trading at $53.90 as of 9:45 AM on Thursday, Feb 13, a drop of -$6.92, or -11.38% from the previous closing price of $60.82. The stock has traded between $53.20 and $54.96 so far today. Volume today is light. So far 221,638 shares have traded compared to average volume of 2,059,614 shares.
