Overall market sentiment has been neutral on Linde PLC (LIN) stock lately. LIN receives a Neutral rating from InvestorsObserver Stock Sentiment Indicator.
Linde PLC has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on LIN!
What is Stock Sentiment?
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.
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 LIN Stock Today?
Linde PLC (LIN) stock has fallen -1.78% while the S&P 500 is up 0.52% as of 11:26 AM on Friday, Jun 17. LIN is down -$5.16 from the previous closing price of $289.72 on volume of 1,295,399 shares. Over the past year the S&P 500 is down -12.73% while LIN is down -1.73%. LIN earned $7.77 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 36.96.
To see InvestorsObserver's Sentiment Score for Linde PLC click here.
More About Linde PLC
Linde is the largest industrial gas supplier in the world, with operations in over 100 countries. The firm's main products are atmospheric gases (including oxygen, nitrogen, and argon) and process gases (including hydrogen, carbon dioxide, and helium), as well as equipment used in industrial gas production. Linde serves a wide variety of end markets, including chemicals, manufacturing, healthcare, and steelmaking. Linde generated approximately $31 billion in revenue and $5 billion in GAAP operating profit in 2021.
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