Cannabis stock TCNNF is in the clouds Wednesday, increasing 1.85%. A rating of 5 puts Trulieve Cannabis Corp (TCNNF) near the bottom of the Drug Manufacturers – Specialty & Generic industry according to InvestorsObserver. Trulieve Cannabis Corp’s score of 5 means it scores higher than 5% of stocks in the industry. Trulieve Cannabis Corp also received an overall rating of 5, putting it above 5% of all stocks. Drug Manufacturers – Specialty & Generic is ranked 144 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 5 means the stock is more attractive than 5 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 Trulieve Cannabis Corp Stock Today?
Trulieve Cannabis Corp (TCNNF) stock is trading at $21.08 as of 1:43 PM on Wednesday, Mar 30, a rise of $0.38, or 1.85% from the previous closing price of $20.70. The stock has traded between $19.83 and $21.25 so far today. Volume today is 295,833 compared to average volume of 355,863.
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