The 99 rating InvestorsObserver gives to Freeport-McMoRan Inc (FCX) stock puts it near the top of the Basic Materials sector.
In addition to scoring higher than 98 percent of stocks in the Basic Materials sector, FCX’s 99 overall rating means the stock scores better than 99 of all stocks.
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 99 means the stock is more attractive than 99 percent of stocks.
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 basic materials 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 Freeport-McMoRan Inc Stock Today?
Freeport-McMoRan Inc (FCX) stock has gained 4.47% while the S&P 500 is down -1.02% as of 2:34 PM on Tuesday, May 11. FCX is higher by $1.91 from the previous closing price of $42.74 on volume of 27,712,271 shares. Over the past year the S&P 500 is up 41.48% while FCX is higher by 397.22%. FCX earned $1.22 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 36.83.
Click Here to get the full Stock Score Report on Freeport-McMoRan Inc (FCX) Stock.
