Is it Time to Dump Helmerich and Payne Inc (HP) Stock After it Is Higher By 1.91% in a Week?

Helmerich and Payne Inc (HP) stock is higher by 1.91% over the past week and gets a Neutral rating from InvestorsObserver Sentiment Indicator.

Helmerich and Payne Inc has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on HP!

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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. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With HP Stock Today?

Helmerich and Payne Inc (HP) stock is higher by 0.02% while the S&P 500 has fallen -0.27% as of 12:34 PM on Monday, Apr 1. HP is up $0.01 from the previous closing price of $42.06 on volume of 232,491 shares. Over the past year the S&P 500 is higher by 27.05% while HP is up 9.47%. HP earned $4.30 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 9.79. To screen for more stocks like Helmerich and Payne Inc click here.

More About Helmerich and Payne Inc

Helmerich & Payne has the largest fleet of U.S. land drilling rigs. The company's FlexRig line is the leading choice to drill horizontal wells for production of U.S. tight oil and gas. H&P is present in nearly every major U.S. shale play and also has a small presence internationally. Click Here to get the full Stock Report for Helmerich and Payne Inc stock.