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Should Auto Manufacturers Stock Nikola Corporation (NKLA) Be in Your Portfolio Wednesday?

Wednesday, October 20, 2021 10:46 AM | InvestorsObserver Analysts

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Should Auto Manufacturers Stock Nikola Corporation (NKLA) Be in Your Portfolio Wednesday?

Nikola Corporation (NKLA) is around the middle of the Auto Manufacturers industry according to InvestorsObserver. NKLA received an overall rating of 36, which means that it scores higher than 36 percent of all stocks. Nikola Corporation also achieved a score of 49 in the Auto Manufacturers industry, putting it above 49 percent of Auto Manufacturers stocks. Auto Manufacturers is ranked 113 out of the 148 industries.

Overall Score - 36
NKLA has an Overall Score of 36. Find out what this means to you and get the rest of the rankings on NKLA!

What do These Ratings Mean?

Trying to find the best stocks can be a daunting task. There are a wide variety of ways to analyze stocks in order to determine which ones are performing the strongest. InvestorsObserver makes the entire process easier by using percentile rankings that allows you to easily find the stocks who have the strongest evaluations by analysts. 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 down -2.79% while the S&P 500 is higher by 0.44% as of 10:35 AM on Wednesday, Oct 20. NKLA has fallen -$0.32 from the previous closing price of $11.48 on volume of 3,005,737 shares. Over the past year the S&P 500 is up 31.85% while NKLA has fallen -46.14%. NKLA lost -$1.25 per share the over the last 12 months. Click Here to get the full Stock Report for Nikola Corporation stock.

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