Do Traders Think Geo Group Inc (GEO) Can Keep Climbing Wednesday?

Overall market sentiment has been high on Geo Group Inc (GEO) stock lately. GEO receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

Geo Group Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on GEO!

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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. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With GEO Stock Today?

Geo Group Inc (GEO) stock is trading at $11.70 as of 3:01 PM on Wednesday, Feb 1, an increase of $0.20, or 1.74% from the previous closing price of $11.50. The stock has traded between $11.25 and $11.74 so far today. Volume today is low. So far 1,071,374 shares have traded compared to average volume of 1,902,091 shares. To screen for more stocks like Geo Group Inc click here.

More About Geo Group Inc

The GEO Group Inc specializes in detention facilities and community-reentry centers. It operates in four segments: U.S. Secure Services, which primarily encompasses U.S.-based secure services business; Electronic Monitoring and Supervision Services, which conducts its services in the United States, represents services provided to adults for monitoring services and evidence-based supervision and treatment programs for community-based parolees, probationers, and pretrial defendants; Reentry Services conducts its services in the United States represents services provided to adults for residential and non-residential treatment, educational and community-based programs, pre-release and half-way house programs; and International Services. Click Here to get the full Stock Report for Geo Group Inc stock.