The market has been high on LPL Financial Holdings Inc (LPLA) stock recently. LPLA gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.
LPL Financial Holdings Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on LPLA!
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.
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 LPLA Stock Today?
LPL Financial Holdings Inc (LPLA) stock is up 0.26% while the S&P 500 is down -0.35% as of 1:32 PM on Wednesday, Oct 5. LPLA is up $0.63 from the previous closing price of $239.88 on volume of 561,469 shares. Over the past year the S&P 500 is lower by -12.16% while LPLA is up 52.52%. LPLA earned $6.19 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 38.9.
More About LPL Financial Holdings Inc
LPL Financial Holdings is an independent broker/dealer that provides a platform of proprietary technology, brokerage, and investment advisory services to financial advisors and institutions. As of the end of 2021, the company had nearly 20,000 advisors on its platform managing over $1 trillion of client assets.
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