InvestorsObserver is giving Sunworks Inc (SUNW) an Analyst Rating Rank of 5, meaning SUNW is ranked higher by analysts than 5% of stocks. The average projection by analysts for SUNW is $0.8 over the next 12 months and analyst’s classify the stock as a Sell
Why are Analyst Ratings Important?
Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers.
InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.
What's Happening With Sunworks Inc Stock Today?
Sunworks Inc (SUNW) stock has risen 2.8% while the S&P 500 is lower by -0.18% as of 9:42 AM on Monday, Dec 7. SUNW has gained $0.12 from the previous closing price of $4.28 on volume of 612,257 shares. Over the past year the S&P 500 is higher by 17.75% while SUNW has gained 279.31%. SUNW lost -$1.29 per share the over the last 12 months.