Overall market sentiment has been high on Sanofi SA (SNY) stock lately. SNY receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.
Sanofi SA has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on SNY!
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 SNY Stock Today?
Sanofi SA (SNY) stock has fallen -0.03% while the S&P 500 has gained 0.27% as of 10:38 AM on Wednesday, Mar 27. SNY has fallen -$0.01 from the previous closing price of $49.75 on volume of 770,955 shares. Over the past year the S&P 500 is up 31.18% while SNY has fallen -6.54%. SNY earned $2.33 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 21.36.
To see InvestorsObserver's Sentiment Score for Sanofi SA click here.
More About Sanofi SA
Sanofi develops and markets drugs with a concentration in oncology, immunology, cardiovascular disease, diabetes, and vaccines. However, the company's decision in late 2019 to pull back from the cardio-metabolic area will likely reduce the firm's footprint in this large therapeutic area. The company offers a diverse array of drugs with its highest revenue generator, Dupixent, representing just over 10% of total sales, but profits are shared with Regeneron. About 30% of total revenue comes from the United States and 25% from Europe. Emerging markets represent the majority of the remainder of revenue.
Click Here to get the full Stock Report for Sanofi SA stock.
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