A rating of 73 puts Hanesbrands Inc. (HBI) near the top of the Apparel Manufacturing industry according to InvestorsObserver. Hanesbrands Inc.’s score of 73 means it scores higher than 73% of stocks in the industry. Hanesbrands Inc. also received an overall rating of 52, putting it above 52% of all stocks. Apparel Manufacturing is ranked 46 out of the 148 industries.
What do These Ratings Mean?
Finding the best stocks can be tricky. It isn’t easy to compare companies across industries. Even companies that have relatively similar businesses can be tricky to compare sometimes.InvestorsObserver’s tools allow a top-down approach that lets you pick a metric, find the top sector and industry and then find the top stocks in that sector.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 Hanesbrands Inc. Stock Today?
Hanesbrands Inc. (HBI) stock is trading at $5.44 as of 3:26 PM on Wednesday, Mar 20, an increase of $0.05, or 1.02% from the previous closing price of $5.38. The stock has traded between $5.29 and $5.48 so far today. Volume today is less active than usual. So far 4,759,661 shares have traded compared to average volume of 11,808,468 shares. Click Here to get the full Stock Report for Hanesbrands Inc. stock. Â
