InvestorsObserver
×
News Home

Is Douglas Emmett Inc (DEI) a Stock to Watch After Gaining 18.24% This Week?

Friday, December 01, 2023 12:49 PM | InvestorsObserver Analysts

Mentioned in this article

Is Douglas Emmett Inc (DEI) a Stock to Watch After Gaining 18.24% This Week?

Overall market sentiment has been high on Douglas Emmett Inc (DEI) stock lately. DEI receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bullish
Douglas Emmett Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on DEI!

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. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With DEI Stock Today?

Douglas Emmett Inc (DEI) stock is trading at $13.42 as of 12:35 PM on Friday, Dec 1, a gain of $1.20, or 9.82% from the previous closing price of $12.22. The stock has traded between $12.10 and $13.46 so far today. Volume today is low. So far 1,317,969 shares have traded compared to average volume of 1,917,035 shares. To see InvestorsObserver's Sentiment Score for Douglas Emmett Inc click here.

More About Douglas Emmett Inc

Douglas Emmett Inc is a real estate investment trust that acquires, develops, and manages office and multifamily properties in Los Angeles, California and Honolulu, Hawaii in the U.S. The company focuses on owning assets in communities with large supply constraints, such as the affluent neighborhoods of Los Angeles. The vast majority of Douglas Emmett's real estate portfolio is comprised of office buildings in Los Angeles. Most of these assets are located in the areas of Sherman Oaks, Woodland Hills, and Beverly Hills in terms of total square feet. Douglas Emmett derives nearly all of its income in the form of rental revenue from tenants. The vast majority of this also comes from its Los Angeles office buildings. The company's major tenants are legal, financial, and entertainment firms. Click Here to get the full Stock Report for Douglas Emmett Inc stock.

You May Also Like

Get the InvestorsObserver App

InvestorsObserver App
iOS App Android App