Irsa Inversiones y Rprsntcins SA (IRS) stock has risen 0.35% over the past week and gets a Bullish rating from InvestorsObserver's Sentiment Indicator.
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.
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 IRS Stock Today?
Irsa Inversiones y Rprsntcins SA (IRS) stock is lower by -4.95% while the S&P 500 has gained 0.3% as of 2:28 PM on Monday, Sep 28. IRS is lower by -$0.15 from the previous closing price of $3.03 on volume of 438,850 shares. Over the past year the S&P 500 has risen 9.07% while IRS is lower by -45.25%. IRS lost -$6.03 per share in the over the last 12 months.
To see InvestorsObserver's Sentiment Score for Irsa Inversiones y Rprsntcins SA click here.
More About Irsa Inversiones y Rprsntcins SA
IRSA Inversiones y Representaciones SA is a diversified Argentine real estate firm with interests in shopping malls, hotels, office buildings, sales and developments, International, corporate and others. The firm also has a credit card operation and owns a little more than 10% of a major bank. Substantially all of the firm's operations are in Buenos Aires with a few properties in the western part of the country. The company generates maximum revenue from Shopping Malls segment.
Click Here to get the full Stock Score Report on Irsa Inversiones y Rprsntcins SA (IRS) Stock.
