Overall market sentiment has been down on Criteo SA (CRTO) stock lately. CRTO receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.
Criteo SA has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on CRTO!
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.
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 CRTO Stock Today?
Criteo SA (CRTO) stock is trading at $34.03 as of 10:44 AM on Thursday, Oct 28, a gain of $1.59, or 4.9% from the previous closing price of $32.44. The stock has traded between $32.51 and $34.03 so far today. Volume today is 384,656 compared to average volume of 334,241.
To see InvestorsObserver's Sentiment Score for Criteo SA click here.
More About Criteo SA
Headquartered in Paris, Criteo is one of the leading ad-tech companies in the growing digital ad market. Its technology, mainly the Criteo Engine, allows advertisers to launch multichannel and cross-device marketing campaigns in real time using retarget digital display ads. With real-time return on investment analysis of the ads, the firm's clients can adjust their marketing strategies dynamically.
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