The market has been high on Plains GP Holdings LP (PAGP) stock recently. PAGP gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.
Plains GP Holdings LP has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on PAGP!
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 PAGP Stock Today?
Plains GP Holdings LP (PAGP) stock is trading at $11.40 as of 2:42 PM on Monday, Oct 3, a rise of $0.49, or 4.45% from the previous closing price of $10.91. The stock has traded between $11.19 and $11.46 so far today. Volume today is low. So far 1,411,171 shares have traded compared to average volume of 2,748,009 shares.
To screen for more stocks like Plains GP Holdings LP click here.
More About Plains GP Holdings LP
Plains All American provides transportation, storage, processing, fractionation, and marketing services for crude oil, refined products, natural gas liquids, liquefied petroleum gas, and related products. Plains' assets span the United States and Alberta, Canada, but are heavily concentrated in the Permian Basin.
Click Here to get the full Stock Report for Plains GP Holdings LP stock.