Overall market sentiment has been high on Axalta Coating Systems Ltd (AXTA) stock lately. AXTA receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.
Axalta Coating Systems Ltd has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on AXTA!
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 AXTA Stock Today?
Axalta Coating Systems Ltd (AXTA) stock is trading at $31.95 as of 12:02 PM on Thursday, Feb 22, an increase of $0.39, or 1.24% from the previous closing price of $31.56. The stock has traded between $31.70 and $31.97 so far today. Volume today is less active than usual. So far 314,586 shares have traded compared to average volume of 2,196,144 shares.
More About Axalta Coating Systems Ltd
Axalta Coating Systems Ltd manufactures, markets and distributes performance coating and transportation coating systems. It operates in two segments. The Performance Coatings segment, which is the key revenue driver, provides liquid and powder coatings solutions to a fragmented and local customer base. Its end-markets include refinish and industrial. The Transportation Coatings segment relates to the provision of coating technologies to original equipment manufacturers of light and commercial vehicles. The company operates in the geographic areas of North America, EMEA countries, Asia-Pacific and Latin America.
Click Here to get the full Stock Report for Axalta Coating Systems Ltd stock.
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