Gibraltar Industries Inc (ROCK) stock has fallen 8.56% over the past week and gets a Bearish rating from InvestorsObserver's Sentiment Indicator.
What is Stock Sentiment?
Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.
As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.
Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor.
InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon.
The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.
What's Happening With ROCK Stock Today?
Gibraltar Industries Inc (ROCK) stock is down -1.97% while the S&P 500 has risen 0.14% as of 3:11 PM on Friday, Feb 26. ROCK is lower by -$1.78 from the previous closing price of $90.28 on volume of 212,407 shares. Over the past year the S&P 500 has risen 23.05% while ROCK has risen 73.70%. ROCK earned $2.66 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 33.29.
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More About Gibraltar Industries Inc
Gibraltar Industries has three operating segments that use steel, aluminum, and resin to manufacture building products. The residential products segment makes a wide range of products for new residential construction and home repair. It sells to retail home centers, wholesalers, and contractors. The industrial and infrastructure products segment primarily manufactures metal products that it sells directly to contractors and industrial fabricators for use in highway and bridge construction and power generation. Renewable Energy and Conservation primarily designs and provides fully engineered solar racking systems and greenhouse structures. Most of the company's manufacturing facilities and distribution centers are in North America and Europe, where Gibraltar generates most of its revenue.
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