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Is Portland General Electric Company (POR) Stock About to Get Hot Tuesday?

Tuesday, December 05, 2023 03:15 PM | InvestorsObserver Analysts

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Is Portland General Electric Company (POR) Stock About to Get Hot Tuesday?

Overall market sentiment has been high on Portland General Electric Company (POR) stock lately. POR receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bullish
Portland General Electric Company has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on POR!

What is Stock Sentiment?

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. 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 POR Stock Today?

Portland General Electric Company (POR) stock is trading at $41.84 as of 3:01 PM on Tuesday, Dec 5, a decline of -$0.38, or -0.9% from the previous closing price of $42.22. The stock has traded between $41.71 and $42.28 so far today. Volume today is low. So far 347,562 shares have traded compared to average volume of 962,930 shares. To see InvestorsObserver's Sentiment Score for Portland General Electric Company click here.

More About Portland General Electric Company

Portland General Electric is a regulated electric utility providing generation, transmission, and distribution services to 917,000 customers representing about half of all Oregon residents. The company owns (wholly or through joint ventures) a total of 3.3 gigawatts of gas, coal, wind, and hydro generation. Click Here to get the full Stock Report for Portland General Electric Company stock.

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