The market has been high on Siebert Financial Corp. (SIEB) stock recently. SIEB gets a Bullish score from InvestorsObserver's Stock Sentiment Indicator.
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.
Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.
InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.
Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.
What's Happening With SIEB Stock Today?
Siebert Financial Corp. (SIEB) stock is down -5.77% while the S&P 500 has gained 0.71% as of 9:57 AM on Friday, Jul 9. SIEB is lower by -$0.30 from the previous closing price of $5.20 on volume of 139,356 shares. Over the past year the S&P 500 has risen 37.27% while SIEB has gained 10.86%. SIEB earned $0.14 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 35.46.
To see InvestorsObserver's Sentiment Score for Siebert Financial Corp. click here.
More About Siebert Financial Corp.
Siebert Financial Corp is a holding company. It conducts retail discount brokerage business through its wholly-owned subsidiary. The firm mainly provides online and traditional brokerage and related services to retail investors and also acts as an investment advisor for its subsidiary. The company operates in the securities brokerage and asset management industry. It also engages in Insurance services, Robo-advisory technology, and Prime brokerage business through its subsidiaries.
Click Here to get the full Stock Score Report on Siebert Financial Corp. (SIEB) Stock.
