The market has been down on Roper Technologies Inc (ROP) stock recently. ROP gets a Bearish score from InvestorsObserver's Stock Sentiment Indicator.
Roper Technologies Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on ROP!
What is Stock Sentiment?
Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.
As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.
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 ROP Stock Today?
Roper Technologies Inc (ROP) stock is higher by 0.87% while the S&P 500 is down -1.13% as of 2:06 PM on Friday, Feb 21. ROP is higher by $3.36 from the previous closing price of $384.01 on volume of 319,869 shares. Over the past year the S&P 500 has risen 19.77% while ROP is higher by 23.57%. ROP earned $16.82 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 23.05.
To see InvestorsObserver's Sentiment Score for Roper Technologies Inc click here.
