Overall market sentiment has been high on Scientific Games Corp (SGMS) stock lately. SGMS receives a Bullish rating from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company.
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 SGMS Stock Today?
Scientific Games Corp (SGMS) stock has risen 1.92% while the S&P 500 has fallen 0% as of 1:32 PM on Thursday, Aug 6. SGMS is higher by $0.37 from the previous closing price of $19.27 on volume of 445,243 shares. Over the past year the S&P 500 has gained 15.47% while SGMS has fallen -2.29%. SGMS lost -$4.14 per share in the over the last 12 months.
To see InvestorsObserver's Sentiment Score for Scientific Games Corp click here.
More About Scientific Games Corp
Scientific Games Corp is a provider of gaming products, systems, and services to the lottery and pari-mutuel industries. The firm is the producer of instant lotto tickets and prepaid phone cards, which make up more than 52% of sales. The firm also provides wagering systems, server-based gaming machines, and data communication services through its lottery systems and diversified gaming businesses. About 50% of instant lotto tickets are sold outside the United States. It has Gaming, Lottery and Interactive segments.