American Campus Communities, Inc. (ACC) stock is up 10.04% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.
American Campus Communities, Inc. has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on ACC!
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.
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 ACC Stock Today?
American Campus Communities, Inc. (ACC) stock has risen 2.13% while the S&P 500 has fallen -0.06% as of 11:32 AM on Wednesday, Dec 8. ACC has gained $1.15 from the previous closing price of $54.09 on volume of 331,478 shares. Over the past year the S&P 500 is up 26.87% while ACC has gained 27.37%. ACC earned $0.12 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 445.41.
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More About American Campus Communities, Inc.
American Campus Communities Inc or ACC, is a real estate investment trust engaged in the acquisition, management, and development of student housing properties near universities and colleges throughout the United States. The company segments its activities into Owned properties, On-campus participating properties, Development services, and Property management services. The vast majority of ACC's real estate portfolio is made up of wholly-owned properties in terms of total units. The company also derives nearly all of its income in the form of rental revenue from leasing its wholly-owned real estate assets to students through short-term leases. ACC is one of the owners of student housing properties in the U.S. in terms of the total number of beds owned.
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