The market has been high on Electronic Arts Inc. (EA) stock recently. EA gets a Bullish score from InvestorsObserver's Stock Sentiment Indicator.
Electronic Arts Inc. has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on EA!
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 EA Stock Today?
Electronic Arts Inc. (EA) stock is lower by -0.26% while the S&P 500 is up 0.62% as of 3:04 PM on Friday, May 29. EA has fallen -$0.32 from the previous closing price of $121.35 on volume of 1,955,885 shares. Over the past year the S&P 500 is up 9.77% while EA is up 30.77%. EA earned $10.30 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 11.73.
To see InvestorsObserver's Sentiment Score for Electronic Arts Inc. click here.
More About Electronic Arts Inc.
EA is one of the world's largest third-party video game publishers and has transitioned from a console-based video game publisher to the one of the largest publishers on consoles, PC, and mobile. The firm owns number of large franchises, including Madden, FIFA, Battlefield, Apex Legends, Mass Effect, Dragon's Age, and Need for Speed.
