Overall market sentiment has been high on Expedia Group Inc (EXPE) stock lately. EXPE receives a Bullish rating from InvestorsObserver's Stock Sentiment Indicator.
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.
Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor.
InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon.
The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.
What's Happening With EXPE Stock Today?
Expedia Group Inc (EXPE) stock is trading at $172.93 as of 2:49 PM on Tuesday, May 11, a loss of -$0.16, or -0.09% from the previous closing price of $173.09. Volume today is 2,654,832 compared to average volume of 2,461,641. The stock has traded between $167.82 and $173.30 so far today.
To see InvestorsObserver's Sentiment Score for Expedia Group Inc click here.
More About Expedia Group Inc
Expedia is the world's largest online travel agency by bookings, offering services for lodging (78% of total 2020 sales), air tickets (2%), rental cars, cruises, in-destination, and other (12%), and advertising revenue (8%). Expedia operates a number of branded travel booking sites, including Expedia.com, Hotels.com, Travelocity, Orbitz, Wotif, AirAsia, Egencia, and Vrbo. It has also expanded into travel media with the acquisition of Trivago. Transaction fees for online bookings account for the bulk of sales and profits.
Click Here to get the full Stock Score Report on Expedia Group Inc (EXPE) Stock.
