The 49 rating InvestorsObserver gives to Spotify Technology SA (SPOT) stock puts it near the top of the Communication Services sector.
In addition to scoring higher than 72 percent of stocks in the Communication Services sector, SPOT’s 49 overall rating means the stock scores better than 49 of all stocks.
SPOT has an Overall Score of 49. Find out what this means to you and get the rest of the rankings on SPOT!
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 49 would rank higher than 49 percent of all stocks.
This ranking system incorporates numerous factors used by analysts to compare stocks in greater detail. This allows you to find the best stocks available in the communication services sector with relative ease.
These percentile-ranked scores using both fundamental and technical analysis give investors an easy way to view the attractiveness of specific stocks. Stocks with the highest scores have the best evaluations by analysts working on Wall Street.
What's Happening With Spotify Technology SA Stock Today?
Spotify Technology SA (SPOT) stock is trading at $229.07 as of 1:45 PM on Thursday, Dec 2, a gain of $3.98, or 1.77% from the previous closing price of $225.09. The stock has traded between $224.88 and $232.72 so far today. Volume today is light. So far 995,454 shares have traded compared to average volume of 1,549,592 shares.
Click Here to get the full Stock Report for Spotify Technology SA stock.