Do Traders Think Raymond James Financial Inc (RJF) Can Turn Around Tuesday?

Overall market sentiment has been high on Raymond James Financial Inc (RJF) stock lately. RJF receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

Raymond James Financial Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on RJF!

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What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. 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 RJF Stock Today?

Raymond James Financial Inc (RJF) stock is lower by -2.37% while the S&P 500 is higher by 0.04% as of 3:05 PM on Tuesday, Nov 28. RJF has fallen -$2.50 from the previous closing price of $105.30 on volume of 324,359 shares. Over the past year the S&P 500 has risen 14.85% while RJF has fallen -11.26%. RJF earned $7.99 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 12.87.

More About Raymond James Financial Inc

Raymond James Financial is a financial holding company whose major operations include wealth management, investment banking, asset management, and commercial banking. The company has more than 14,000 employees and supports more than 5,000 independent contractor financial advisors across the United States, Canada, and the United Kingdom. Approximately 90% of the company's revenue is from the U.S. and 70% is from the company's wealth management segment. Click Here to get the full Stock Report for Raymond James Financial Inc stock.