The 61 rating InvestorsObserver gives to Qorvo Inc (QRVO) stock puts it near the top of the Technology sector.
In addition to scoring higher than 75 percent of stocks in the Technology sector, QRVO’s 61 overall rating means the stock scores better than 61 of all stocks.
Click Here to get the full Stock Score Report on Qorvo Inc (QRVO) Stock.
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 61 means the stock is more attractive than 61 percent of 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 Qorvo Inc Stock Today?
Qorvo Inc (QRVO) stock has gained 1.76% while the S&P 500 has fallen -0.24% as of 3:52 PM on Monday, Dec 9. QRVO is up $1.88 from the previous closing price of $106.62 on volume of 1,579,686 shares. Over the past year the S&P 500 is up 18.97% while QRVO is up 82.29%. QRVO earned $2.06 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 52.56.
To see InvestorsObserver's Sentiment Score for QRVO click here.
