Overall market sentiment has been high on Bluegreen Vacations Corp (BXG) stock lately. BXG receives a Bullish 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 indator 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 BXG Stock Today?
Bluegreen Vacations Corp (BXG) stock is down -4.34% while the S&P 500 has gained 0.36% as of 9:51 AM on Wednesday, Aug 5. BXG has fallen -$0.28 from the previous closing price of $6.45 on volume of 184,861 shares. Over the past year the S&P 500 is higher by 16.23% while BXG has fallen -33.51%. BXG earned $0.27 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 23.
To see the top 5 stocks in the Resorts & Casinos industry click here.
More About Bluegreen Vacations Corp
Bluegreen Vacations Corp is a US-based vacation ownership company that markets and sells vacation ownership interests (VOIs) and manages resorts in leisure and urban destinations. It sells VOIs through fee-for-service agreements with third-party developers and provides consumer financing and title services through a wholly owned subsidiary. The company also provides management services to the Bluegreen Vacation Club and to a majority of the HOAs (home owners' associations) of the resorts within the Bluegreen vacation Club as well as manages the club reservation services, provides services to owners and performs billing and collections services to the Bluegreen Vacation Club and certain HOAs.
