InvestorsObserver
×
News Home

Is Dynatrace Inc (DT) a Stock to Watch After Gaining 3.08% This Week?

Wednesday, November 15, 2023 10:05 AM | InvestorsObserver Analysts

Mentioned in this article

Is Dynatrace Inc (DT) a Stock to Watch After Gaining 3.08% This Week?

Dynatrace Inc (DT) stock has risen 3.08% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

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

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 DT Stock Today?

Dynatrace Inc (DT) stock is lower by -3.18% while the S&P 500 is higher by 0.25% as of 9:51 AM on Wednesday, Nov 15. DT is lower by -$1.67 from the previous closing price of $52.54 on volume of 747,756 shares. Over the past year the S&P 500 has risen 13.89% while DT is higher by 36.02%. DT earned $0.57 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 88.54. To screen for more stocks like Dynatrace Inc click here.

More About Dynatrace Inc

Dynatrace is a cloud-native company that focuses on analyzing machine data. Its product portfolio, delivered as software as a service, allows a client to monitor and analyze its entire IT infrastructure. Dynatrace's platform can ingest and analyze large amounts of machine-generated data in real time, allowing clients to use it for a variety of applications throughout their businesses. Click Here to get the full Stock Report for Dynatrace Inc stock.

You May Also Like

Get the InvestorsObserver App

InvestorsObserver App
iOS App Android App