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Is it Time to Dump Sempra (SRE) Stock After it Is Up 1.13% in a Week?

Tuesday, March 12, 2024 03:51 PM | InvestorsObserver Analysts

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Is it Time to Dump Sempra (SRE) Stock After it Is Up 1.13% in a Week?

Sempra (SRE) stock is up 1.13% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

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

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. 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 (SRE) stock is down -2.14% while the S&P 500 has risen 1.11% as of 3:41 PM on Tuesday, Mar 12. SRE is down -$1.55 from the previous closing price of $72.55 on volume of 1,407,043 shares. Over the past year the S&P 500 is up 34.20% while SRE is down -1.38%. SRE earned $4.79 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 14.8. To see InvestorsObserver's Sentiment Score for Sempra click here.

More About Sempra

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. Sempra Infrastructure partners, of which Sempra holds a controlling ownership, owns and operates liquefied natural gas facilities in North America and infrastructure in Mexico. Click Here to get the full Stock Report for Sempra stock.

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