Is Moelis & Co (MC) Stock About to Get Hot Monday?

The market has been high on Moelis & Co (MC) stock recently. MC gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Moelis & Co has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on MC!

See Full MC Report

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. 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 MC Stock Today?

Moelis & Co (MC) stock is trading at $53.84 as of 12:39 PM on Monday, Mar 18, an increase of $0.17, or 0.32% from the previous closing price of $53.67. The stock has traded between $53.48 and $54.13 so far today. Volume today is low. So far 121,484 shares have traded compared to average volume of 784,657 shares. To see InvestorsObserver's Sentiment Score for Moelis & Co click here.

More About Moelis & Co

Moelis & Co is an independent investment bank that provides unconflicted strategic advice to a diverse client base. The firm's objective is to offer a range of advisory services with expertise across all major industries in mergers and acquisitions, recapitalizations and restructurings, and other corporate finance matters. Business is operated through the geographical region of the United States, Europe, and Internationally of which the United States accounts for a major share of the revenue. Click Here to get the full Stock Report for Moelis & Co stock.