Overall market sentiment has been high on AXIS Capital Holdings Ltd (AXS) stock lately. AXS receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.
AXIS Capital Holdings Ltd has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on AXS!
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 AXS Stock Today?
AXIS Capital Holdings Ltd (AXS) stock is higher by 0.61% while the S&P 500 is lower by -0.01% as of 3:09 PM on Friday, Dec 9. AXS is up $0.35 from the previous closing price of $57.56 on volume of 358,490 shares. Over the past year the S&P 500 is down -15.70% while AXS is up 10.94%. AXS earned $4.09 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 14.17.
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More About AXIS Capital Holdings Ltd
Axis Capital Holdings Ltd is a property and casualty insurance company that provides various products and services to clients and distribution partners. The company has operating subsidiaries and branch networks based in Bermuda, the United States, Canada, Europe, and Singapore. Its business consists of two distinct global underwriting platforms, AXIS Insurance, and AXIS Reinsurance. The company manages its portfolio holistically, aiming to construct an optimum consolidated portfolio of funded and unfunded risks.
Click Here to get the full Stock Report for AXIS Capital Holdings Ltd stock.
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