Mentioned in this article
The 77 rating InvestorsObserver gives to Trane Technologies PLC (TT) stock puts it near the top of the Building Products & Equipment industry. In addition to scoring higher than 97 percent of stocks in the Building Products & Equipment industry, TT’s 77 overall rating means the stock scores better than 77 percent of all stocks.
What do These Ratings Mean?
Searching for the best stocks to invest in can be difficult. There are thousands of options and it can be confusing on what actually constitutes a great value. InvestorsObserver allows you to choose from eight unique metrics to view the top industries and the best performing stocks in that industry. A score of 77 would rank higher than 77 percent of all 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 Trane Technologies PLC Stock Today?
Trane Technologies PLC (TT) stock is down -0.51% while the S&P 500 has risen 0.91% as of 3:27 PM on Monday, Nov 20. TT is down -$1.16 from the previous closing price of $228.56 on volume of 650,680 shares. Over the past year the S&P 500 is higher by 15.32% while TT has risen 29.04%. TT earned $8.48 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 26.85.