The market has been high on Peabody Energy Corporation (BTU) stock recently. BTU gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.
Peabody Energy Corporation has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on BTU!
What is Stock Sentiment?
Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends.
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 BTU Stock Today?
Peabody Energy Corporation (BTU) stock is trading at $11.90 as of 10:28 AM on Wednesday, Jan 5, an increase of $0.63, or 5.59% from the previous closing price of $11.27. The stock has traded between $11.30 and $12.04 so far today. Volume today is low. So far 1,393,352 shares have traded compared to average volume of 4,584,673 shares.
More About Peabody Energy Corporation
Peabody Energy mines and sells coal through approximately 21 coal mines in the United States and Australia. Peabody also markets and brokers coal, both as principal and agent, and trades coal and freight-related contracts through offices in China, Australia, the United Kingdom, and the U.S. The company operates in the following segment: Seaborne Thermal Mining, Seaborne Metallurgical Mining, Powder River Basin Mining, Midwestern U.S. Mining, Western U.S. Mining and Corporate and Other.
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