Is Nike Inc (NKE) Stock a Good Buy in Footwear & Accessories

Monday, July 6, 2020 3:19 PM | InvestorsObserver Analysts

Nike Inc (NKE) is around the top of the Footwear & Accessories industry according to InvestorsObserver. NKE received an overall rating of 68, which means that it scores higher than 68 percent of all stocks. Nike Inc also achieved a score of 94 in the Footwear & Accessories industry, putting it above 94 percent of Footwear & Accessories stocks. Footwear & Accessories is ranked 55 out of the 148 industries.

Overall Score - 68
NKE has an Overall Score of 68. Find out what this means to you and get the rest of the rankings on NKE!

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 Nike Inc Stock Today?

Nike Inc (NKE) stock is trading at $99.58 as of 3:12 PM on Monday, Jul 6, a rise of $1.16, or 1.18% from the previous closing price of $98.42. The stock has traded between $99.04 and $99.99 so far today. Volume today is below average. So far 2,870,184 shares have traded compared to average volume of 7,951,888 shares.

To see the top 5 stocks in Footwear & Accessories click here.

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