Is Cadence Bank (CADE) Stock About to Get Hot Monday?

The market has been high on Cadence Bank (CADE) stock recently. CADE gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Cadence Bank has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on CADE!

See Full CADE Report

What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With CADE Stock Today?

Cadence Bank (CADE) stock is down -2.43% while the S&P 500 is up 0.03% as of 2:46 PM on Monday, Nov 6. CADE is lower by -$0.57 from the previous closing price of $23.45 on volume of 774,498 shares. Over the past year the S&P 500 is higher by 14.53% while CADE is lower by -16.62%. CADE earned $2.02 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 11.32. To screen for more stocks like Cadence Bank click here.

More About Cadence Bank

Cadence Bank provides commercial banking and financial services. Its products and services include consumer banking, consumer loans, mortgages, home equity lines and loans, credit cards, commercial and business banking, treasury management, specialized and asset-based lending, commercial real estate, equipment financing, and correspondent banking services. The company's products and services also comprise small business administration lending, foreign exchange, wealth management, investment and trust, financial planning, retirement plan management, and personal and business insurance services. It operates in Alabama, Arkansas, Florida, Georgia, Louisiana, Mississippi, Missouri, Tennessee, Texas, Illinois, and Oklahoma, the United States. Cadence Bank was incorporated in 1876 and is headquartered in Tupelo, Mississippi. Click Here to get the full Stock Report for Cadence Bank stock.