The market has been high on Fluor Corporation (NEW) (FLR) stock recently. FLR gets a Bullish score from InvestorsObserver's Stock Sentiment Indicator.
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 FLR Stock Today?
Fluor Corporation (NEW) (FLR) stock is lower by -5.99% while the S&P 500 has gained 0.3% as of 11:57 AM on Friday, Sep 25. FLR has fallen -$0.56 from the previous closing price of $9.35 on volume of 2,559,046 shares. Over the past year the S&P 500 has risen 8.77% while FLR has fallen -54.17%. FLR lost -$9.31 per share in the over the last 12 months.
To see InvestorsObserver's Sentiment Score for Fluor Corporation (NEW) click here.
More About Fluor Corporation (NEW)
Fluor is one of the largest global providers of engineering, procurement, construction, fabrication, operations, and maintenance services. The firm serves a wide range of end markets including oil and gas, chemicals, mining, metals, and transportation. The company's business is organized into four segments: energy and chemicals; mining, industrial, infrastructure, and power; government; and diversified services. Fluor employs over 53,000 workers in more than 100 countries. The company generated $19 billion in revenue and $522 million in adjusted operating income in 2018.
Click Here to get the full Stock Score Report on Fluor Corporation (NEW) (FLR) Stock.
