Where Does NetApp Inc. (NTAP) Stock Fall in the Computer Hardware Field After It Has Risen 6.76% This Week?
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A rating of 95 puts NetApp Inc. (NTAP) near the top of the Computer Hardware industry according to InvestorsObserver. NetApp Inc.’s score of 95 means it scores higher than 95% of stocks in the industry. NetApp Inc. also received an overall rating of 70, putting it above 70% of all stocks. Computer Hardware is ranked 64 out of the 148 industries.
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 70 means the stock is more attractive than 70 percent of stocks.
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 NetApp Inc. Stock Today?
NetApp Inc. (NTAP) stock has risen 0.89% while the S&P 500 is down -0.18% as of 3:44 PM on Friday, Jun 16. NTAP is higher by $0.66 from the previous closing price of $73.76 on volume of 1,355,704 shares. Over the past year the S&P 500 has risen 20.48% while NTAP is higher by 17.59%. NTAP earned $5.79 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 12.85.
Click Here to get the full Stock Report for NetApp Inc. stock.
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