Reinsurance Group of America Inc (RGA) stock is up 7.72% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.
Reinsurance Group of America Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on RGA!
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.
Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor.
InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon.
The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.
What's Happening With RGA Stock Today?
Reinsurance Group of America Inc (RGA) stock is trading at $134.87 as of 12:42 PM on Wednesday, Oct 5, a loss of -$0.14, or -0.1% from the previous closing price of $135.01. Volume today is light. So far 158,367 shares have traded compared to average volume of 344,145 shares. The stock has traded between $132.21 and $135.15 so far today.
More About Reinsurance Group of America Inc
Reinsurance Group of America Inc is an insurance holding company with operations in the United States, Latin America, Canada, Europe, Africa, Asia and Australia. The core products and services include life reinsurance, living benefits reinsurance, group reinsurance, health reinsurance, financial solutions, facultative underwriting, and product development. The company's operations are divided into traditional and financial solution businesses.
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