What is Stock Sentiment?
Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends.
Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive.
InvestorsObserver‘s Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend.
Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .
What’s Happening With VZ Stock Today?
Verizon Communications Inc. (VZ) stock is lower by -0.94% while the S&P 500 has risen 0.1% as of 3:15 PM on Wednesday, Dec 30. VZ has fallen -$0.55 from the previous closing price of $58.81 on volume of 13,084,439 shares. Over the past year the S&P 500 has risen 15.81% while VZ has fallen -4.82%. VZ earned $4.42 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 13.16.
To see InvestorsObserver‘s Sentiment Score for Verizon Communications Inc. click here.
More About Verizon Communications Inc.
Verizon is now primarily a wireless business (70% of revenue and nearly all operating income). It serves about 89 million postpaid and 4 million prepaid phone customers and connects another 24 million data devices, like tablets, via its nationwide network, making it the largest U.S. wireless carrier. Fixed-line telecom operations include local networks (12% of revenue) in the Northeast, which reach about 25 million homes and businesses, and nationwide enterprise services (10%). Recent investments, including fiber network construction, have supported the wireless business in addition to expanding traditional fixed-line capabilities. Verizon Media Group, the online media and advertising firm formed with the acquisitions of AOL and Yahoo, provides the remainder of revenue.