Pure Storage Inc (PSTG) is around the middle of the Computer Hardware industry according to InvestorsObserver. PSTG received an overall rating of 42, which means that it scores higher than 42 percent of all stocks. Pure Storage Inc also achieved a score of 57 in the Computer Hardware industry, putting it above 57 percent of Computer Hardware stocks. Computer Hardware is ranked 84 out of the 148 industries.
What do These Ratings Mean?
Finding the best stocks can be tricky. It isn’t easy to compare companies across industries. Even companies that have relatively similar businesses can be tricky to compare sometimes. InvestorsObserver’s tools allow a top-down approach that lets you pick a metric, find the top sector and industry and then find the top stocks in that sector.
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 Pure Storage Inc Stock Today?
Pure Storage Inc (PSTG) stock has fallen -0.35% while the S&P 500 has gained 1.32% as of 1:50 PM on Friday, Mar 5. PSTG is lower by -$0.07 from the previous closing price of $20.20 on volume of 6,838,324 shares. Over the past year the S&P 500 has risen 26.27% while PSTG has gained 33.05%. PSTG lost -$1.05 per share the over the last 12 months.