A rating of 89 puts Magnite Inc (MGNI) near the top of the Communication Services sector according to InvestorsObserver.
Magnite Inc's score of 89 means that it ranks higher than 89% of stocks in the sector. In addition, its overall score of 93 ranks it higher than 93% of all stocks.
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 93 would rank higher than 93 percent of all stocks.
Not only are these scores easy to understand, but it is easy to compare stocks to each other. You can find the best stock in communication services 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 Magnite Inc Stock Today?
Magnite Inc (MGNI) stock is trading at $34.69 as of 1:50 PM on Tuesday, Jan 19, a gain of $4.63, or 15.4% from the previous closing price of $30.06. The stock has traded between $30.20 and $34.80 so far today. Volume today is below average. So far 5,053,330 shares have traded compared to average volume of 6,742,644 shares.
Click Here to get the full Stock Score Report on Magnite Inc (MGNI) Stock.
