Overall market sentiment has been down on Infrastructure & Energy Alternatives Inc (IEA) stock lately. IEA receives a Bearish rating from InvestorsObserver's Stock Sentiment Indicator.
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.
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 IEA Stock Today?
Infrastructure & Energy Alternatives Inc (IEA) stock is trading at $11.72 as of 10:50 AM on Thursday, May 13, an increase of $0.55, or 4.92% from the previous closing price of $11.17. The stock has traded between $11.05 and $11.99 so far today. Volume today is light. So far 134,021 shares have traded compared to average volume of 630,220 shares.
To see InvestorsObserver's Sentiment Score for Infrastructure & Energy Alternatives Inc click here.
More About Infrastructure & Energy Alternatives Inc
Infrastructure and Energy Alternatives Inc is a United States-based diversified infrastructure construction company with specialized energy and heavy civil expertise throughout the United States. The company operates in two segments the Renewables segment and the Specialty Civil segment. The Renewables segment which is the majority revenue generator provides EPC project delivery, design, site development, construction, installation and restoration of infrastructure services for the wind and solar industries throughout the United States. While Specialty Civil segment offers heavy civil construction, environmental remediation, and rail infrastructure services all over the United States.
