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Is it Time to Dump Sempra Energy (SRE) Stock After it Is Down 2.00% in a Week?

Tuesday, January 25, 2022 01:44 PM | InvestorsObserver Analysts

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Is it Time to Dump Sempra Energy (SRE) Stock After it Is Down 2.00% in a Week?

The market has been down on Sempra Energy (SRE) stock recently. SRE gets a Bearish score from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bearish
Sempra Energy has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on SRE!

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. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With SRE Stock Today?

Sempra Energy (SRE) stock is higher by 0.99% while the S&P 500 has fallen -1.18% as of 1:39 PM on Tuesday, Jan 25. SRE is higher by $1.31 from the previous closing price of $131.69 on volume of 771,068 shares. Over the past year the S&P 500 is higher by 13.04% while SRE is higher by 5.58%. SRE earned $3.60 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 36.92.

More About Sempra Energy

Sempra Energy serves one of the largest utility customer bases in the United States. It distributes natural gas and electricity in Southern California and owns 80% of Oncor, a transmission and distribution business in Texas. SoCalGas and San Diego Gas & Electric distribute gas to more than 20 million customers, while Oncor serves more than 10 million Texas customers. The firm's other affiliates own and operate liquefied natural gas facilities in North America and infrastructure in Mexico. Click Here to get the full Stock Report for Sempra Energy stock.

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