Do Traders Think Workday Inc (WDAY) Can Turn Around Wednesday?

Overall market sentiment has been neutral on Workday Inc (WDAY) stock lately. WDAY receives a Neutral rating from InvestorsObserver Stock Sentiment Indicator.

Workday Inc has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on WDAY!

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What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. 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 WDAY Stock Today?

Workday Inc (WDAY) stock is down -1.55% while the S&P 500 has gained 0.28% as of 11:19 AM on Wednesday, Mar 27. WDAY has fallen -$4.31 from the previous closing price of $277.38 on volume of 364,529 shares. Over the past year the S&P 500 is higher by 31.19% while WDAY has gained 45.13%. WDAY earned $6.27 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 43.52. To screen for more stocks like Workday Inc click here.

More About Workday Inc

Workday is a software company that offers human capital management, financial management, and business planning solutions. Known for being a cloud-only software provider, Workday is headquartered in Pleasanton, California. Founded in 2005, Workday now employs over 12,000 employees. Click Here to get the full Stock Report for Workday Inc stock.