Do Traders Think Dave & Buster's Entertainment Inc (PLAY) Can Turn Around Thursday?

Overall market sentiment has been high on Dave & Buster's Entertainment Inc (PLAY) stock lately. PLAY receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

Dave & Buster's Entertainment Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on PLAY!

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What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. 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 PLAY Stock Today?

Dave & Buster's Entertainment Inc (PLAY) stock is trading at $62.18 as of 12:18 PM on Thursday, Mar 28, a rise of $0.72, or 1.17% from the previous closing price of $61.46. The stock has traded between $61.48 and $62.91 so far today. Volume today is 650,209 compared to average volume of 817,846.

More About Dave & Buster's Entertainment Inc

Dave & Buster's Entertainment Inc owns and operates nearly a hundred entertainment and dining establishments in the United States where customers can eat, drink, play games, and watch televised sports. The play division includes amusement, simulation, and video games, accounts for more than half of total company revenue. Food and beverage accounts for the rest. About one third of food and beverage revenue comes from alcoholic drinks, with the rest coming from food and nonalcoholic beverages. Click Here to get the full Stock Report for Dave & Buster's Entertainment Inc stock.