The market has been neutral on Dover Motorsports, Inc. (DVD) stock recently. DVD gets a Neutral score from InvestorsObserver's Stock Sentiment Indicator.
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.
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 DVD Stock Today?
Dover Motorsports, Inc. (DVD) stock has risen 2.09% while the S&P 500 is lower by -0.02% as of 1:03 PM on Thursday, Jan 21. DVD is up $0.05 from the previous closing price of $2.39 on volume of 114,817 shares. Over the past year the S&P 500 has risen 15.96% while DVD is up 31.89%. DVD earned $0.34 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 7.24.
To see InvestorsObserver's Sentiment Score for Dover Motorsports, Inc. click here.
More About Dover Motorsports, Inc.
Dover Motorsports Inc is a United States-based public holding company. The company's principal activity is to market and promote motorsports entertainment. Dover through its subsidiaries owns and operates Dover International Speedway in Dover, Delaware and Nashville Superspeedway near Nashville, Tennessee. Its operations were segregated into two main operating subsidiaries; Dover International Speedway Inc covered its motorsports operations, and Dover Downs Inc conducted its gaming operations. The company generates revenues primarily from the sponsorship payments, rights fees, ticket sales, and other event-related revenues.
Click Here to get the full Stock Score Report on Dover Motorsports, Inc. (DVD) Stock.
