Overall market sentiment has been high on Stantec Inc. (STN) stock lately. STN receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.
Stantec Inc. has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on STN!
What is Stock Sentiment?
Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends.
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 STN Stock Today?
Stantec Inc. (STN) stock is trading at $48.92 as of 1:29 PM on Thursday, Aug 11, a gain of $0.33, or 0.68% from the previous closing price of $48.59. Volume today is more active than usual. So far 166,404 shares have traded compared to average volume of 53,511 shares. The stock has traded between $48.66 and $51.08 so far today.
To see InvestorsObserver's Sentiment Score for Stantec Inc. click here.
More About Stantec Inc.
Stantec Inc is a sustainable engineering, architecture, and environmental consulting company. The company is geographically diversified in three regional operating units namely Canada, the United States and Global, offering similar services across all regions. The company offers services in various sectors across the project life cycle through five business operating units infrastructure, water, buildings, environmental services, and energy and resources. The company provides professional services in all phases of the project life cycle: planning, design, construction administration, commissioning, maintenance, decommissioning, and remediation.
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