Overall market sentiment has been high on Arch Resources Inc (ARCH) stock lately. ARCH 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.
Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.
InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.
Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.
What's Happening With ARCH Stock Today?
Arch Resources Inc (ARCH) stock is up 7.87% while the S&P 500 has fallen -0.84% as of 11:17 AM on Friday, Sep 18. ARCH is up $3.85 from the previous closing price of $48.89 on volume of 194,117 shares. Over the past year the S&P 500 has gained 11.65% while ARCH has fallen -31.98%. ARCH earned $0.84 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 62.68.
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More About Arch Resources Inc
Arch Resources Inc is a producer of metallurgical and coking coal. The company sells its coal to power plants, steel mills, and industrial facilities. It operates more than eight active mines in the United States. The company sells thermal coal and generates most of the revenue from it.
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