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.
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 BURL Stock Today?
Burlington Stores Inc (BURL) stock is higher by 0.22% while the S&P 500 is down -1.91% as of 3:13 PM on Monday, Dec 5. BURL has risen $0.44 from the previous closing price of $200.21 on volume of 789,027 shares. Over the past year the S&P 500 is lower by -13.01% while BURL is down -30.37%. BURL earned $2.47 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 81.15.
To see InvestorsObserver's Sentiment Score for Burlington Stores Inc click here.
More About Burlington Stores Inc
The third-largest American off-price apparel and home fashion retail firm, with 840 stores as of the end of fiscal 2021, Burlington Stores offers an assortment of products from over 5,000 brands through an everyday-low-price approach that undercuts conventional retailers' regular prices by up to 60%. The company focuses on providing a treasure-hunt experience, with a quickly changing array of merchandise in a relatively low-frills shopping environment. In fiscal 2021, 23% of sales came from women's ready-to-wear apparel, 23% from accessories and footwear, 20% from home décor, 16% from menswear, 14% from youth apparel and baby, and 4% from outerwear. All sales come from the United States.
Click Here to get the full Stock Report for Burlington Stores Inc stock.
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