The market has been high on Consol Energy Inc (CEIX) stock recently. CEIX gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.
Consol Energy Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on CEIX!
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 CEIX Stock Today?
Consol Energy Inc (CEIX) stock is trading at $54.05 as of 1:56 PM on Thursday, Jul 14, a drop of -$2.27, or -4.03% from the previous closing price of $56.32. The stock has traded between $51.85 and $55.50 so far today. Volume today is light. So far 467,208 shares have traded compared to average volume of 861,336 shares.
To screen for more stocks like Consol Energy Inc click here.
More About Consol Energy Inc
CONSOL Energy Inc is a producer and exporter of high-BTU bituminous thermal coal. It owns and operates longwall mining operations in the nation and export terminals on the Eastern seaboard. The principal activity involves mining, preparation, and marketing of thermal coal, sold to power generators. Its operating segment includes PAMC (Pennsylvania Mining Complex); CONSOL Marine Terminal and Other. The company generates maximum revenue from the PAMC segment.
Click Here to get the full Stock Report for Consol Energy Inc stock.