The 65 rating InvestorsObserver gives to Arena Pharmaceuticals, Inc. (ARNA) stock puts it near the top of the Biotechnology industry. In addition to scoring higher than 82 percent of stocks in the Biotechnology industry, ARNA’s 65 overall rating means the stock scores better than 65 percent of all stocks.
What do These Ratings Mean?
Trying to find the best stocks can be a daunting task. There are a wide variety of ways to analyze stocks in order to determine which ones are performing the strongest. Investors Observer makes the entire process easier by using percentile rankings that allows you to easily find the stocks who have the strongest evaluations by analysts.
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 Arena Pharmaceuticals, Inc. Stock Today?
Arena Pharmaceuticals, Inc. (ARNA) stock is trading at $70.03 as of 2:24 PM on Friday, Aug 28, a gain of $0.90, or 1.3% from the previous closing price of $69.13. Volume today is above average. So far 660,189 shares have traded compared to average volume of 470,186 shares. The stock has traded between $68.58 and $70.77 so far today.
