The 3 rating InvestorsObserver gives to Nikola Corporation (NKLA) stock puts it near the bottom of the Consumer Cyclical sector.
In addition to scoring higher than 26 percent of stocks in the Consumer Cyclical sector, NKLA’s 3 overall rating means the stock scores better than 3 of all stocks.
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 consumer cyclical 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.
These rankings allows you to easily compare stocks and view what the strengths and weaknesses are of a given company. This lets you find the stocks with the best short and long term growth prospects in a matter of seconds.
The combined score incorporates technical and fundamental analysis in order to give a comprehensive overview of a stocks performance. Investors who then want to focus on analysts rankings or valuations are able to see the separate scores for each section.
What's Happening With Nikola Corporation Stock Today?
Nikola Corporation (NKLA) stock is down -2.91% while the S&P 500 has risen 0.61% as of 1:08 PM on Friday, Jul 2. NKLA is lower by -$0.49 from the previous closing price of $16.99 on volume of 4,452,841 shares. Over the past year the S&P 500 has risen 38.86% while NKLA is lower by -71.15%. NKLA lost -$1.35 per share the over the last 12 months.
Click Here to get the full Stock Score Report on Nikola Corporation (NKLA) Stock.
