Paypal Holdings Inc (PYPL) stock has fallen 5.22% over the past week and gets a Bearish rating from InvestorsObserver's Sentiment Indicator.
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 PYPL Stock Today?
Paypal Holdings Inc (PYPL) stock is lower by -1.81% while the S&P 500 is up 0.36% as of 1:18 PM on Monday, May 3. PYPL is down -$4.75 from the previous closing price of $262.29 on volume of 4,500,765 shares. Over the past year the S&P 500 is higher by 47.61% while PYPL is up 108.26%. PYPL earned $3.54 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 72.53.
To see InvestorsObserver's Sentiment Score for Paypal Holdings Inc click here.
More About Paypal Holdings Inc
PayPal was spun off from eBay in 2015 and provides electronic payment solutions to merchants and consumers, with a focus on online transactions. The company had 377 million active accounts at the end of 2020, including 29 million merchant accounts. The company also owns Xoom, an international money transfer business, and Venmo, a person-to-person payment platform.
Click Here to get the full Stock Score Report on Paypal Holdings Inc (PYPL) Stock.
