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Is Nikola Corporation (NKLA) Stock at the Top of the Auto Manufacturers Industry?

Thursday, June 17, 2021 10:50 AM | InvestorsObserver Analysts
Is Nikola Corporation (NKLA) Stock at the Top of the Auto Manufacturers Industry?

A rating of 33 puts Nikola Corporation (NKLA) near the middle of the Auto Manufacturers industry according to InvestorsObserver. Nikola Corporation's score of 33 means it scores higher than 33% of stocks in the industry. Nikola Corporation also received an overall rating of 31, putting it above 31% of all stocks. Auto Manufacturers is ranked 79 out of the 148 industries.

Overall Score - 31
NKLA has an Overall Score of 31. Find out what this means to you and get the rest of the rankings on NKLA!

What do These Ratings Mean?

Searching for the best stocks to invest in can be difficult. There are thousands of options and it can be confusing on what actually constitutes a great value. Investors Observer allows you to choose from eight unique metrics to view the top industries and the best performing stocks in that industry. A score of 31 would rank higher than 31 percent of all stocks.

Our proprietary scoring system captures technical factors, fundamental analysis and the opinions of analysts on Wall Street. This makes InvestorsObserver’s overall rating a great way to get started, regardless of your investing style. Percentile-ranked scores are also easy to understand. A score of 100 is the top and a 0 is the bottom. There’s no need to try to remember what is “good” for a bunch of complicated ratios, just pay attention to which numbers are the highest.

What's Happening With Nikola Corporation Stock Today?

Nikola Corporation (NKLA) stock is trading at $17.15 as of 10:44 AM on Thursday, Jun 17, an increase of $1.39, or 8.8% from the previous closing price of $15.76. The stock has traded between $16.02 and $17.17 so far today. Volume today is light. So far 4,582,187 shares have traded compared to average volume of 13,174,358 shares.

Click Here to get the full Stock Score Report on Nikola Corporation (NKLA) Stock.

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