Overall market sentiment has been high on Target Hospitality Corp (TH) stock lately. TH receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.
Target Hospitality Corp has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on TH!
What is Stock Sentiment?
In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company.
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 TH Stock Today?
Target Hospitality Corp (TH) stock is down -0.13% while the S&P 500 is higher by 0.32% as of 12:47 PM on Monday, Jun 5. TH is down -$0.02 from the previous closing price of $15.34 on volume of 191,622 shares. Over the past year the S&P 500 has risen 4.24% while TH is higher by 123.65%. TH earned $1.13 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 13.52.
More About Target Hospitality Corp
Target Hospitality Corp is a vertically integrated specialty rental and hospitality services company in the United States. The company provides vertically integrated specialty rental and comprehensive hospitality services including catering food services, maintenance, housekeeping, grounds-keeping, on-site security, overall workforce lodge management, and laundry service. Its operating segment includes HFS-South and HFS-Midwest; Government; TCPL Keystone and others. It generates a majority of its revenue from the Government segment which consists primarily of specialty rental and vertically integrated hospitality services revenue from customers with Government contracts located in Texas.
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