InvestorsObserver
×
News Home

Is Essent Group Ltd (ESNT) a Stock to Watch After Losing 0.00% This Week?

Friday, July 30, 2021 01:04 PM | InvestorsObserver Analysts

Mentioned in this article

Is Essent Group Ltd (ESNT) a Stock to Watch After Losing 0.00% This Week?

The market has been high on Essent Group Ltd (ESNT) stock recently. ESNT gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bullish
Essent Group Ltd has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on ESNT!

What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. 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 ESNT Stock Today?

Essent Group Ltd (ESNT) stock is trading at $45.12 as of 1:02 PM on Friday, Jul 30, a gain of $0.08, or 0.18% from the previous closing price of $45.04. Volume today is less active than usual. So far 227,913 shares have traded compared to average volume of 554,479 shares. The stock has traded between $44.67 and $45.92 so far today. To see InvestorsObserver's Sentiment Score for Essent Group Ltd click here.

More About Essent Group Ltd

Essent Group Ltd is a private mortgage insurance company in the United States. Essent provides credit protection to lenders and mortgage investors by covering a portion of the unpaid principal balance of a mortgage and certain related expenses in the event of a default. By providing capital to mitigate mortgage credit risk, the company allows lenders to make additional mortgage financing available to prospective homeowners. Essent writes mortgage guaranty coverage in all 50 states and the District of Columbia. Click Here to get the full Stock Report for Essent Group Ltd stock.

You May Also Like

Get the InvestorsObserver App

InvestorsObserver App
iOS App Android App