Simon Property Group Inc (SPG) stock is lower by 1.91% over the past week and gets a Bearish rating from InvestorsObserver's Sentiment Indicator.
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.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What's Happening With SPG Stock Today?
Simon Property Group Inc (SPG) stock is up 1.23% while the S&P 500 is lower by -0.15% as of 2:29 PM on Wednesday, Apr 14. SPG has risen $1.40 from the previous closing price of $113.38 on volume of 1,658,118 shares. Over the past year the S&P 500 is up 49.74% while SPG has risen 75.77%. SPG earned $3.59 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 31.95.
To see InvestorsObserver's Sentiment Score for Simon Property Group Inc click here.
More About Simon Property Group Inc
Simon Property Group is the second- largest real estate investment trust in the United States. Its portfolio includes an interest in 207 properties: 106 traditional malls, 69 premium outlets, 14 Mills centers (a combination of a traditional mall, outlet center, and big-box retailers), four lifestyle centers, and 14 other retail properties. Simon's portfolio averaged $693 in sales per square foot over the past 12 months. The company also owns a 21% interest in Klepierre, a European retail company with investments in shopping centers in 16 countries, and joint venture interests in 29 premium outlets across 11 countries.
Click Here to get the full Stock Score Report on Simon Property Group Inc (SPG) Stock.
