What is the Market's View on MarketAxess Holdings Inc. (MKTX) Stock's Price and Volume Trends Friday?

Friday, May 20, 2022 02:10 PM | InvestorsObserver Analysts

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Overall market sentiment has been high on MarketAxess Holdings Inc. (MKTX) stock lately. MKTX receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

MarketAxess Holdings Inc. has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on MKTX!

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. 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 MKTX Stock Today?

MarketAxess Holdings Inc. (MKTX) stock is up 2.34% while the S&P 500 is down -1.72% as of 2:07 PM on Friday, May 20. MKTX is up $6.27 from the previous closing price of $267.94 on volume of 174,658 shares. Over the past year the S&P 500 is down -6.85% while MKTX is down -38.12%. MKTX earned $6.37 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 43.04. To screen for more stocks like MarketAxess Holdings Inc. click here.

More About MarketAxess Holdings Inc.

MarketAxess Holdings Inc operates leading electronic trading platforms delivering greater trading efficiency, a diversified pool of liquidity and cost savings to its clients across the global fixed-income markets. Aprroximately 1,900 institutional investor and broker-dealer firms uses the company's patented trading technology to trade U.S. high-grade bonds, U.S. high-yield bonds, emerging market debt, Eurobonds, municipal bonds, U.S. government bonds and other fixed-income securities. Click Here to get the full Stock Report for MarketAxess Holdings Inc. stock.

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