Is it Time to Dump Equifax Inc (EFX) Stock After it Is Down 1.91% in a Week?

The market has been down on Equifax Inc (EFX) stock recently. EFX gets a Bearish score from InvestorsObserver Stock Sentiment Indicator.

Equifax Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on EFX!

See Full EFX Report

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. 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 EFX Stock Today?

Equifax Inc (EFX) stock is trading at $218.43 as of 3:25 PM on Friday, Jan 27, an increase of $1.44, or 0.66% from the previous closing price of $216.99. Volume today is low. So far 558,961 shares have traded compared to average volume of 750,653 shares. The stock has traded between $215.67 and $219.82 so far today. To see InvestorsObserver's Sentiment Score for Equifax Inc click here.

More About Equifax Inc

Along with Experian and TransUnion, Equifax is one of the leading credit bureaus in the United States. Equifax's credit reports provide credit histories on millions of consumers, and the firm's services are critical to lenders' credit decisions. In addition, about a third of the firm's revenue comes from workforce solutions, which provides income verification and employer human resources services. Equifax generates over 20% of its revenue from outside the United States. Click Here to get the full Stock Report for Equifax Inc stock.