Overall market sentiment has been high on Crescent Energy Co (CRGY) stock lately. CRGY receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.
Crescent Energy Co has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on CRGY!
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.
Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor.
InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon.
The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.
What's Happening With CRGY Stock Today?
Crescent Energy Co (CRGY) stock is lower by -0.17% while the S&P 500 has risen 0.19% as of 1:36 PM on Wednesday, Nov 29. CRGY is lower by -$0.02 from the previous closing price of $11.47 on volume of 265,023 shares. Over the past year the S&P 500 has risen 15.12% while CRGY is lower by -15.56%. CRGY earned $0.14 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 84.74.
