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Is it Time to Dump Terreno Realty Corp (TRNO) Stock After it Has Gained 1.76% in a Week?

Wednesday, October 11, 2023 12:11 PM | InvestorsObserver Analysts

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Is it Time to Dump Terreno Realty Corp (TRNO) Stock After it Has Gained 1.76% in a Week?

Overall market sentiment has been high on Terreno Realty Corp (TRNO) stock lately. TRNO receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

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

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 TRNO Stock Today?

Terreno Realty Corp (TRNO) stock has gained 0.19% while the S&P 500 is lower by -0.02% as of 12:06 PM on Wednesday, Oct 11. TRNO has gained $0.11 from the previous closing price of $57.14 on volume of 342,199 shares. Over the past year the S&P 500 has gained 20.63% while TRNO has gained 12.17%. TRNO earned $1.84 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 31.17. To screen for more stocks like Terreno Realty Corp click here.

More About Terreno Realty Corp

Terreno Realty Corp is a real estate investment trust primarily engaged in the acquisition ownership and operation of industrial real estate in the U.S. Warehouse properties located in large densely-populated urban areas along the U.S. coastline comprise the vast majority of the companys portfolio. The markets of Los Angeles Northern New Jersey and New York City San Francisco Bay Area Seattle Miami and Washington DC are the companys major markets. Terreno derives nearly all of its revenue in the form of rental income from tenants. Terrenos largest customers are large manufacturers and distributors such as Amazon FedEx the U.S. Government Northrop Grumman Systems and more. The company controls a smaller number of light industrial and research and development facilities. Click Here to get the full Stock Report for Terreno Realty Corp stock.

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