Is Definitive Healthcare Corp (DH) a Stock to Watch After Gaining 27.85% This Week?

Definitive Healthcare Corp (DH) stock is higher by 27.85% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Definitive Healthcare Corp has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on DH!

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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 DH Stock Today?

Definitive Healthcare Corp (DH) stock is higher by 4.81% while the S&P 500 is down -0.17% as of 2:08 PM on Monday, Nov 6. DH has gained $0.35 from the previous closing price of $7.27 on volume of 654,938 shares. Over the past year the S&P 500 is higher by 14.30% while DH is down -33.74%. DH lost -$1.60 per share in the over the last 12 months. To screen for more stocks like Definitive Healthcare Corp click here.

More About Definitive Healthcare Corp

Definitive Healthcare Corp is a leading provider of healthcare commercial intelligence. The company's solutions provide accurate and comprehensive information on healthcare providers and their activities to help customers optimize everything from product development to go-to-market planning and sales and marketing execution. Geographically, it derives a majority of revenue from the United States. Click Here to get the full Stock Report for Definitive Healthcare Corp stock.