Hamilton Lane Inc (HLNE) stock is higher by 7.26% over the past week and gets a Bullish rating from InvestorsObserver's 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.
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 HLNE Stock Today?
Hamilton Lane Inc (HLNE) stock has gained 5.89% while the S&P 500 is down -0.02% as of 2:30 PM on Friday, Feb 19. HLNE has gained $5.22 from the previous closing price of $88.60 on volume of 797,000 shares. Over the past year the S&P 500 is higher by 15.56% while HLNE has gained 29.93%. HLNE earned $2.42 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 38.71.
To see the top 5 stocks in the Asset Management industry click here.
More About Hamilton Lane Inc
Hamilton Lane Inc is a private market investment solutions provider in the United States. It works with its clients to conceive, structure, build out, manage and monitor portfolios of private markets funds and direct investments, and it helps them access a set of such investment opportunities around the world. The company offers a range of investment solutions across a range of private markets, including private equity, private credit, real estate, infrastructure, natural resources, growth equity and venture capital.
Click Here to get the full Stock Score Report on Hamilton Lane Inc (HLNE) Stock.
