Overall market sentiment has been high on Skyworks Solutions Inc (SWKS) stock lately. SWKS receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.
Skyworks Solutions Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on SWKS!
Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.
As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.
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 SWKS Stock Today?
Skyworks Solutions Inc (SWKS) stock is down -1.95% while the S&P 500 has gained 0.02% as of 1:33 PM on Friday, Jul 14. SWKS is down -$2.23 from the previous closing price of $114.25 on volume of 448,845 shares. Over the past year the S&P 500 has risen 18.65% while SWKS has gained 14.45%. SWKS earned $6.92 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 16.19.
More About Skyworks Solutions Inc
Skyworks Solutions produces semiconductors for wireless handsets and other devices that are used to enable wireless connectivity. Its main products include power amplifiers, filters, switches, and integrated front-end modules that support wireless transmissions. Skyworks' customers are mostly large smartphone manufacturers, but the firm also has a growing presence in nonhandset applications such as wireless routers, medical devices, and automobiles.
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