Should You Buy Electromed Inc (ELMD) in Medical Devices Industry?

Electromed Inc (ELMD) is near the top in its industry group according to InvestorsObserver. ELMD gets an overall rating of 58. That means it scores higher than 58 percent of stocks. Electromed Inc gets a 81 rank in the Medical Devices industry. Medical Devices is number 63 out of 148 industries.

ELMD has an Overall Score of 58. Find out what this means to you and get the rest of the rankings on ELMD!

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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 58 means the stock is more attractive than 58 percent of stocks. These scores are not only easy to understand, but it is easy to compare stocks to each other. You can find the best stock in an industry, 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 Electromed Inc Stock Today?

Electromed Inc (ELMD) stock is trading at $15.89 as of 2:36 PM on Wednesday, Mar 6, a gain of $0.89, or 5.93% from the previous closing price of $15.00. The stock has traded between $15.16 and $15.93 so far today. Volume today is less active than usual. So far 23,589 shares have traded compared to average volume of 32,522 shares. Click Here to get the full Stock Report for Electromed Inc stock.