New Gold Inc (NGD) is around the top of the Gold industry according to InvestorsObserver. NGD received an overall rating of 50, which means that it scores higher than 50 percent of all stocks. New Gold Inc also achieved a score of 93 in the Gold industry, putting it above 93 percent of Gold stocks. Gold is ranked 141 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 New Gold Inc Stock Today?
New Gold Inc (NGD) stock is trading at $1.78 as of 2:05 PM on Tuesday, Apr 6, a gain of $0.13, or 7.88% from the previous closing price of $1.65. The stock has traded between $1.67 and $1.79 so far today. Volume today is less active than usual. So far 4,584,575 shares have traded compared to average volume of 7,361,258 shares.
Click Here to get the full Stock Score Report on New Gold Inc (NGD) Stock.
