SciPlay Corp (SCPL) stock is lower by 7.81% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.
SciPlay Corp has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on SCPL!
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 SCPL Stock Today?
SciPlay Corp (SCPL) stock is down -12.46% while the S&P 500 is higher by 0.79% as of 10:37 AM on Thursday, Oct 28. SCPL is lower by -$2.74 from the previous closing price of $21.99 on volume of 513,947 shares. Over the past year the S&P 500 has risen 35.30% while SCPL is higher by 26.64%. SCPL earned $0.85 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 22.67.
To see InvestorsObserver's Sentiment Score for SciPlay Corp click here.
More About SciPlay Corp
SciPlay Corp develops, markets and operates a portfolio of social games played on various mobile and web platforms, including Jackpot Party Casino, Quick Hit Slots, Gold Fish Casino, Hot Shot Casino, Bingo Showdown, MONOPOLY Slots, and 88 Fortunes Slots and a solitaire social game targeted toward casual game players, among others. Its games are available in various formats. The company operates in one segment with one business activity, developing and monetizing social games.
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