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.
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 LPG Stock Today?
Dorian LPG Ltd (LPG) stock is trading at $42.64 as of 10:26 AM on Monday, Nov 20, a gain of $3.58, or 9.18% from the previous closing price of $39.06. The stock has traded between $39.40 and $42.75 so far today. Volume today is below average. So far 445,302 shares have traded compared to average volume of 884,114 shares.
To see InvestorsObserver's Sentiment Score for Dorian LPG Ltd click here.
More About Dorian LPG Ltd
Dorian LPG Ltd is an international liquefied petroleum gas shipping company focused on owning and operating gas carriers, or VLGCs. The company currently owns and operates around 22 modern VLGCs, including nineteen new fuel-efficient 84,000 cbm ECO-design VLGCs. Dorian LPG has offices in Connecticut, USA, London, United Kingdom, and Athens, Greece.
Click Here to get the full Stock Report for Dorian LPG Ltd stock.
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