RingCentral Inc (RNG) is at the top of the software industry – applications according to Investors Observer. RNG received an overall rating of 45 which means it scores over 45% of all stocks. RingCentral Inc also had a score of 74 in the Software – Applications industry, placing it above 74% of Software – Applications inventories. Software – The app is ranked 125 out of 148 industries.
What do these notes mean?
Trying to find the best stocks can be difficult. There are a wide variety of ways to analyze stocks to determine which ones are performing the best. Investors Observer makes the whole process easier by using percentile rankings that make it easy for you to find stocks that have the strongest analyst valuations. These scores are not only easy to understand, but it is also easy to compare stocks with each other. You can find the best stock in an industry or search for the industry with the highest average score. The overall score is a combination of technical and fundamental factors that is 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 besides the overall number before making investment decisions.
What is happening with RingCentral Inc action today?
RingCentral Inc (RNG) stock is up 1.39% while the S&P 500 is down -0.12% at 1:12 p.m. on Friday, January 7. RNG gained $ 2.40 from the previous closing price of $ 173.10 on volume of 288,547 shares. Over the past year, the S&P 500 has gained 23.30% while the RNG is down -54.86%. RNG has lost – $ 2.84 per share in the past 12 months. Click here for the full report on RingCentral Inc.