Lithia Motors Inc (LAD) stock has gained 3.34% over the past week and gets a Bullish rating from InvestorsObserver's Sentiment Indicator.
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 LAD Stock Today?
Lithia Motors Inc (LAD) stock is higher by 0.96% while the S&P 500 is down -0.27% as of 2:46 PM on Tuesday, Mar 2. LAD is up $3.65 from the previous closing price of $379.20 on volume of 223,456 shares. Over the past year the S&P 500 has gained 25.92% while LAD is up 218.11%. LAD earned $19.51 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 19.62.
To see InvestorsObserver's Sentiment Score for Lithia Motors Inc click here.
More About Lithia Motors Inc
Lithia Motors is a retailer of new and used vehicles and related services. The company offers 30 brands of vehicles at about 200 stores throughout the western United States and East Coast. The company has expanded largely through the acquisition of dealerships in smaller regional markets and via deals in New York and Southern California. Annual revenue in 2019 was $12.7 billion. In 2019, new-car sales were about 54% of total revenue. Lithia was founded in 1946, went public in 1996, and is now one of the largest U.S. auto dealerships. It is based in Medford, Oregon.
Click Here to get the full Stock Score Report on Lithia Motors Inc (LAD) Stock.
