Overall market sentiment has been down on Hometrust Bancshares Inc (HTBI) stock lately. HTBI receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.
Hometrust Bancshares Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on HTBI!
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 HTBI Stock Today?
Hometrust Bancshares Inc (HTBI) stock has risen 1.95% while the S&P 500 has fallen -0.06% as of 10:32 AM on Friday, Dec 1. HTBI is higher by $0.45 from the previous closing price of $23.08 on volume of 12,675 shares. Over the past year the S&P 500 has risen 11.89% while HTBI has fallen -8.09%. HTBI earned $3.01 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 7.76.
More About Hometrust Bancshares Inc
HomeTrust Bancshares Inc operates as a bank holding company, which offers deposit accounts for individuals, businesses, and nonprofit organizations for HomeTrust Bank. It involves attracting deposits, including savings money market, demand accounts, and certificates of deposit from the general public. The company's loan portfolio comprises retail consumer loans, such as one-to-four-family residential property lending, home equity lines of credit, construction and land/lots, indirect auto finance, and consumer lending; and commercial loans, including commercial real estate lending, construction, and development lending, and commercial and industrial loans.
Click Here to get the full Stock Report for Hometrust Bancshares Inc stock.
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