Overall market sentiment has been down on AeroCentury Corp. (ACY) stock lately. ACY receives a Bearish rating from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
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.
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 ACY Stock Today?
AeroCentury Corp. (ACY) stock has risen 24.92% while the S&P 500 has fallen -0.02% as of 2:27 PM on Friday, Feb 19. ACY is higher by $2.43 from the previous closing price of $9.75 on volume of 477,639 shares. Over the past year the S&P 500 has risen 15.56% while ACY is higher by 145.07%. ACY lost -$22.52 per share in the over the last 12 months.
To see InvestorsObserver's Sentiment Score for AeroCentury Corp. click here.
More About AeroCentury Corp.
AeroCentury Corp is an aircraft operating lessor and finance company that specializes in leasing regional turboprop and jet aircraft and engines to regional air carriers. The company operates in one business segment, the Leasing of Regional Aircraft and Engines to foreign and domestic regional airlines. Its primary geographic markets are Europe and the United Kingdom, North America, Africa, and Asia.
Click Here to get the full Stock Score Report on AeroCentury Corp. (ACY) Stock.
