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How Will the Market React to Equifax Inc. (EFX) Stock Getting a Bullish Rating

Tuesday, October 19, 2021 02:46 PM | InvestorsObserver Analysts
How Will the Market React to Equifax Inc. (EFX) Stock Getting a Bullish Rating

Overall market sentiment has been high on Equifax Inc. (EFX) stock lately. EFX receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bullish
Equifax Inc. has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on EFX!

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. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With EFX Stock Today?

Equifax Inc. (EFX) stock is trading at $272.68 as of 2:32 PM on Tuesday, Oct 19, a gain of $3.81, or 1.42% from the previous closing price of $268.87. The stock has traded between $267.89 and $273.08 so far today. Volume today is light. So far 235,583 shares have traded compared to average volume of 650,752 shares.

More About Equifax Inc.

Along with Experian and TransUnion, Equifax is one of the leading credit bureaus in the United States. Equifax's credit reports provide credit histories on millions of consumers, and the firm's services are critical to lenders' credit decisions. In addition, about a third of the firm's revenue comes from workforce solutions, which provides income verification and employer human resources services. Equifax generates over 20% of its revenue from outside the United States. Click Here to get the full Stock Report for Equifax Inc. stock.

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