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Should You Buy Nektar Therapeutics (NKTR) in Biotechnology Industry?

Wednesday, July 08, 2020 03:30 PM | InvestorsObserver Analysts

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Should You Buy Nektar Therapeutics (NKTR) in Biotechnology Industry?

Nektar Therapeutics (NKTR) is near the bottom in its industry group according to InvestorsObserver. NKTR gets an overall rating of 32. That means it scores higher than 32 percent of stocks. Nektar Therapeutics gets a 15 rank in the Biotechnology industry. Biotechnology is number 11 out of 148 industries.

Overall Score - 32
NKTR has an Overall Score of 32. Find out what this means to you and get the rest of the rankings on NKTR!

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 32 would rank higher than 32 percent of all 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 Nektar Therapeutics Stock Today?

Nektar Therapeutics (NKTR) stock is trading at $24.83 as of 3:27 PM on Wednesday, Jul 8, a rise of $0.69, or 2.84% from the previous closing price of $24.14. The stock has traded between $23.86 and $24.88 so far today. Volume today is less active than usual. So far 561,924 shares have traded compared to average volume of 1,185,195 shares.

To see InvestorsObserver's Sentiment Score for Nektar Therapeutics click here.

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