Overall market sentiment has been high on Kulicke and Soffa Industries Inc. (KLIC) stock lately. KLIC receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.
Kulicke and Soffa Industries Inc. has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on KLIC!
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.
Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive.
InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend.
Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .
What's Happening With KLIC Stock Today?
Kulicke and Soffa Industries Inc. (KLIC) stock has gained 5.08% while the S&P 500 has fallen -0.06% as of 11:42 AM on Wednesday, Dec 8. KLIC is up $3.31 from the previous closing price of $65.12 on volume of 846,310 shares. Over the past year the S&P 500 has gained 26.87% while KLIC is up 107.30%. KLIC earned $5.78 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 11.83.
To see InvestorsObserver's Sentiment Score for Kulicke and Soffa Industries Inc. click here.
More About Kulicke and Soffa Industries Inc.
Kulicke & Soffa Industries Inc is a United States-based company that is principally engaged in designing, manufacturing, and selling capital equipment and expendable tools that are used for assembling semiconductor devices. The company operates through two core segments: Capital equipment, which produces and sells a series of ball bonders, wafer-level bonders, wedge bonders, APS which produces and offers various expendable tools designed for multiple semiconductor packaging applications. The Capital equipment segment contributes the majority of total revenue. The company generates the majority of its total revenue from the overseas market, mainly in the Asia-Pacific region.
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