A rating of 51 places RingCentral Inc (RNG) near the middle of the software industry – applications according to Investors Observer. RingCentral Inc’s score of 51 means it scores over 51% of stocks in the industry. RingCentral Inc also received an overall rating of 34, placing it above 34% of all stocks. Software – The application is ranked 119 out of 148 sectors.
What do these notes mean?
Analyzing inventory can be difficult. There are tons of numbers and ratios out there, and it can be hard to remember what they all mean and what counts as “good” for a given value. Investors Observer ranks actions according to eight different measures. We rank most of our scores in percentiles to make it easier for investors to understand. A score of 34 means the stock is more attractive than 34% of the stock. This ranking system incorporates many factors used by analysts to compare stocks in more detail. This allows you to find the best stocks available in any industry with relative ease. These percentile scores using both fundamental and technical analysis provide investors with an easy way to visualize the attractiveness of specific stocks. The stocks with the highest scores have the best valuations by analysts working on Wall Street.
What is happening with RingCentral Inc action today?
RingCentral Inc (RNG) stock rose 2.84% while the S&P 500 was down -0.05% at 10:17 a.m. on Thursday, October 21. RNG was up $ 6.85 from the previous closing price of $ 241.46 on volume of 50,501 shares. Over the past year, the S&P 500 is up 31.96% while the RNG is down -14.90%. RNG has lost – $ 1.47 per share over the past 12 months. Click here for the full report on RingCentral Inc.
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