The market has been high on AudioCodes Ltd (AUDC) stock recently. AUDC gets a Bullish score 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.
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 AUDC Stock Today?
AudioCodes Ltd (AUDC) stock has risen 3.12% while the S&P 500 is lower by -0.12% as of 10:13 AM on Tuesday, Apr 27. AUDC is higher by $0.96 from the previous closing price of $30.76 on volume of 92,640 shares. Over the past year the S&P 500 is up 45.30% while AUDC is higher by 10.29%. AUDC earned $0.83 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 38.32.
To see the top 5 stocks in the Communication Equipment industry click here.
More About AudioCodes Ltd
AudioCodes Ltd develops and sells advanced and converged voice over IP and data networking solutions, products and applications to service providers and channels, OEMs, network equipment providers and system integrators. Its products include IP phones, session border controllers, voice applications, multi-service business routers, digital and analog media gateways, among others. The company generates revenues from the sale of products through a direct sales force and sales representatives. Its geographic segments are Israel, Americas, Europe and the Far East. It derives majority of the revenues from Americas segment.
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