Will Paramount Global Class A (PARAA) Underperform the Rest of the Stocks in the Communication Services Sector?

Paramount Global Class A (PARAA) is around the bottom of the Communication Services sector according to InvestorsObserver. PARAA received an overall rating of 42, which means that it scores higher than 42% of stocks. Additionally, Paramount Global Class A scored a 19 in the Communication Services sector, ranking it higher than 19% of stocks in that sector.

PARAA has an Overall Score of 42. Find out what this means to you and get the rest of the rankings on PARAA!

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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 42 means the stock is more attractive than 42 percent of stocks. This ranking system incorporates numerous factors used by analysts to compare stocks in greater detail. This allows you to find the best stocks available in the communication services sector with relative ease. These percentile-ranked scores using both fundamental and technical analysis give investors an easy way to view the attractiveness of specific stocks. Stocks with the highest scores have the best evaluations by analysts working on Wall Street.

What's Happening With Paramount Global Class A Stock Today?

Paramount Global Class A (PARAA) stock is trading at $15.46 as of 10:46 AM on Thursday, Nov 9, a drop of -$0.02, or -0.16% from the previous closing price of $15.48. The stock has traded between $15.39 and $16.00 so far today. Volume today is light. So far 10,466 shares have traded compared to average volume of 69,274 shares. Click Here to get the full Stock Report for Paramount Global Class A stock.