Overall market sentiment has been down on Liberty Oilfield Services Inc (LBRT) stock lately. LBRT receives a Bearish rating from InvestorsObserver's Stock 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.
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 LBRT Stock Today?
Liberty Oilfield Services Inc (LBRT) stock is trading at $6.66 as of 3:45 PM on Wednesday, Oct 28, a decline of -$1.14, or -14.62% from the previous closing price of $7.80. The stock has traded between $6.60 and $7.75 so far today. Volume today is 1,305,940 compared to average volume of 1,084,411.
To see the top 5 stocks in the Oil & Gas Equipment & Services industry click here.
More About Liberty Oilfield Services Inc
Liberty Oilfield Services Inc provides hydraulic fracturing services to onshore oil and natural gas exploration and production companies. It provides stimulation services to optimize well production, hydraulic fracturing services, and engineering services, such as on-site real-time fracture treatment analysis, fracture model calibration, and production data analysis and reservoir modeling. It provides services primarily in the Permian Basin, the Eagle Ford Shale, the DJ Basin, the Williston Basin and the Powder River Basin.
Click Here to get the full Stock Score Report on Liberty Oilfield Services Inc (LBRT) Stock.
