Will Chindata Group Holdings Ltd (CD) Beat the Rest of the Stocks in the Technology Sector?

Tuesday, August 15, 2023 12:44 PM | InvestorsObserver Analysts

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Will Chindata Group Holdings Ltd (CD) Beat the Rest of the Stocks in the Technology Sector?

A rating of 93 puts Chindata Group Holdings Ltd (CD) near the top of the Technology sector according to InvestorsObserver. Chindata Group Holdings Ltd's score of 93 means that it ranks higher than 93% of stocks in the sector. In addition, its overall score of 69 ranks it higher than 69% of all stocks.

CD has an Overall Score of 69. Find out what this means to you and get the rest of the rankings on CD!

See Full CD Report

What do These Ratings Mean?

Finding the best stocks can be tricky. It isn’t easy to compare companies across industries. Even companies in the technology sector 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 best stocks in that sector. Not only are these scores easy to understand, but it is easy to compare stocks to each other. You can find the best stock in technology 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 Chindata Group Holdings Ltd Stock Today?

Chindata Group Holdings Ltd (CD) stock is trading at $8.36 as of 12:36 PM on Tuesday, Aug 15, a decline of -$0.05, or -0.54% from the previous closing price of $8.40. Volume today is more active than usual. So far 3,285,628 shares have traded compared to average volume of 2,018,053 shares. The stock has traded between $8.32 and $8.39 so far today. Click Here to get the full Stock Report for Chindata Group Holdings Ltd stock.