Is it Time to Dump Eagle Materials Inc (EXP) Stock After it Is Up 4.44% in a Week?

Eagle Materials Inc (EXP) stock has gained 4.44% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Eagle Materials Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on EXP!

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What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. 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 EXP Stock Today?

Eagle Materials Inc (EXP) stock is down -0.04% while the S&P 500 is higher by 0.61% as of 3:03 PM on Wednesday, Nov 23. EXP has fallen -$0.06 from the previous closing price of $134.55 on volume of 74,844 shares. Over the past year the S&P 500 has fallen -13.99% while EXP has fallen -16.70%. EXP earned $10.89 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 12.35. To screen for more stocks like Eagle Materials Inc click here.

More About Eagle Materials Inc

Eagle Materials Inc produces and sells construction products and building materials. Construction products include cement, slag, concrete, and aggregates and building materials include gypsum wallboard, and are sold to the construction and building industries. Basic materials used for oil and natural gas extraction include frac sand and oil well cement. The firm organizes itself into two sectors: Heavy Materials, which includes the Cement and Concrete and Aggregates segments, and Light Materials, which includes the Gypsum Wallboard and Recycled Paperboard segments. Click Here to get the full Stock Report for Eagle Materials Inc stock.