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Is it Time to Dump Criteo SA (CRTO) Stock After it Has Fallen 10.80% in a Week?

Thursday, November 02, 2023 01:05 PM | InvestorsObserver Analysts

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Is it Time to Dump Criteo SA (CRTO) Stock After it Has Fallen 10.80% in a Week?

Overall market sentiment has been high on Criteo SA (CRTO) stock lately. CRTO receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bullish
Criteo SA has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on CRTO!

What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With CRTO Stock Today?

Criteo SA (CRTO) stock has fallen -12.11% while the S&P 500 has gained 1.54% as of 1:02 PM on Thursday, Nov 2. CRTO has fallen -$3.39 from the previous closing price of $27.99 on volume of 1,598,492 shares. Over the past year the S&P 500 has risen 11.59% while CRTO has fallen -3.45%. CRTO earned $0.06 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 387.54. To screen for more stocks like Criteo SA click here.

More About Criteo SA

Criteo is one of the leading ad-tech companies in the growing digital ad market. Its technology, mainly the Criteo Engine, allows advertisers to launch multichannel and cross-device marketing campaigns in real time using retarget digital display ads. With real-time return on investment analysis of the ads, the firm's clients can adjust their marketing strategies dynamically. Click Here to get the full Stock Report for Criteo SA stock.

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