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.
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 PATI Stock Today?
Patriot Transportation Holding Inc (PATI) stock is higher by 4.64% while the S&P 500 is lower by -0.37% as of 11:12 AM on Wednesday, Apr 5. PATI is up $0.37 from the previous closing price of $7.98 on volume of 6,076 shares. Over the past year the S&P 500 has fallen -10.85% while PATI is up 4.38%. PATI earned $0.35 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 24.14.
More About Patriot Transportation Holding Inc
Patriot Transportation Holding Inc is a regional tank truck carrier in North America. Its business consists of hauling petroleum-related products and dry bulk commodities and liquid chemicals. The company currently has approximately eighteen terminal and satellite locations spread across the states of Florida, Georgia, Alabama, and Tennessee. The company also provides the delivery service in the liquid chemical and dry bulk business primarily from distribution facilities or manufacturing facilities to the end-user.
Click Here to get the full Stock Report for Patriot Transportation Holding Inc stock.
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