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Do Traders Think Robert Half Inc (RHI) Can Turn Around Tuesday?

Tuesday, November 28, 2023 03:30 PM | InvestorsObserver Analysts

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Do Traders Think Robert Half Inc (RHI) Can Turn Around Tuesday?

The market has been down on Robert Half Inc (RHI) stock recently. RHI gets a Bearish score from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bearish
Robert Half Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on RHI!

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 RHI Stock Today?

Robert Half Inc (RHI) stock is trading at $80.47 as of 3:29 PM on Tuesday, Nov 28, a drop of -$0.96, or -1.18% from the previous closing price of $81.43. The stock has traded between $80.32 and $81.42 so far today. Volume today is less active than usual. So far 264,050 shares have traded compared to average volume of 813,953 shares. To see InvestorsObserver's Sentiment Score for Robert Half Inc click here.

More About Robert Half Inc

Robert Half International Inc is founded in 1948, Robert Half provides temporary, permanent, and project-based staffing to corporations seeking employees in the finance, accounting, and technology. It is one of the largest global staffing firms, operating hundreds of locations in several countries. Its Protiviti subsidiary provides risk and business consulting and internal audit services to corporations through scores of global offices. The firm generates annual revenue of over $6.46 billion. Click Here to get the full Stock Report for Robert Half Inc stock.

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