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Steel Industry: Does Nucor Corporation (NUE) Stock Beat its Rivals?

Wednesday, April 01, 2020 10:23 AM | InvestorsObserver Analysts

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Steel Industry: Does Nucor Corporation (NUE) Stock Beat its Rivals?

The 45 rating InvestorsObserver gives to Nucor Corporation (NUE) stock puts it near the top of the Steel industry. In addition to scoring higher than 76 percent of stocks in the Steel industry, NUE’s 45 overall rating means the stock scores better than 45 percent of all stocks.

Overall Score - 45
NUE has an Overall Score of 45. Find out what this means to you and get the rest of the rankings on NUE!

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 45 means the stock is more attractive than 45 percent of 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 Nucor Corporation Stock Today?

Nucor Corporation (NUE) stock is trading at $35.80 as of 10:21 AM on Wednesday, Apr 1, a drop of -$0.22, or -0.61% from the previous closing price of $36.02. The stock has traded between $34.05 and $35.84 so far today. Volume today is below average. So far 407,549 shares have traded compared to average volume of 3,478,874 shares.

To see the top 5 stocks in Steel click here.

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