Lordstown Motors Corp (RIDE) is down 4.8% on Thursday
RIDE, a player in the electric vehicle market, was down 4.8% on Thursday as it underperformed the market. Lordstown Motors Corp (RIDE) ranks at the bottom of the Consumer Cyclical sector according to InvestorsObserver. RIDE received an overall rating of 18, meaning it scores over 18% of the shares. Additionally, Lordstown Motors Corp scored 24 in the Consumer Discretionary sector, ranking it above 24% of stocks in that sector.
What do these notes mean?
Stock analysis 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. InvestorsObserver ranks stocks on eight different metrics. We categorize most of our scores by percentiles to make it easier for investors to understand. A score of 18 means the stock is more attractive than 18% of the stock. These rankings allow you to easily compare stocks and see what the strengths and weaknesses of a given company are. This lets you find the stocks with the best short and long-term growth prospects in seconds. The combined score incorporates technical and fundamental analysis to provide a comprehensive view of a stock’s performance. Investors who then want to focus on analyst rankings or valuations can view separate scores for each section.
What’s going on with Lordstown Motors Corp shares today?
Lordstown Motors Corp (RIDE) stock is trading at $1.81 at 1:21 p.m. on Thursday, June 9, down -$0.09, or -4.8% from the previous closing price of $1.90. The stock has traded between $1.78 and $1.93 so far today. Volume today is less active than usual. So far, 2,768,803 shares have been traded against an average volume of 11,162,388 shares. Click here for the full Lordstown Motors Corp stock report.
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