The market has been high on KKR & Co Inc (KKR) stock recently. KKR gets a Bullish score from InvestorsObserver's Stock Sentiment Indicator.
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.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What's Happening With KKR Stock Today?
KKR & Co Inc (KKR) stock is down -1.74% while the S&P 500 has risen 0.07% as of 2:34 PM on Thursday, May 6. KKR is down -$1.01 from the previous closing price of $58.11 on volume of 2,666,432 shares. Over the past year the S&P 500 has risen 45.40% while KKR has risen 132.11%. KKR earned $8.04 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 7.11.
To see InvestorsObserver's Sentiment Score for KKR & Co Inc click here.
More About KKR & Co Inc
KKR & Co Inc is a leading investment firm. It manages multiple alternative asset classes, including private equity, energy, infrastructure, real estate, and credit, with strategic partners that manage hedge funds. The company generates revenue from fees, performance income, and investment income. Geographically, it has a presence in Asia-Pacific; Americas and Europe and the Middle East.
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