Is Southern Co (SO) a Stock to Watch After Gaining 1.68% This Week?

The market has been high on Southern Co (SO) stock recently. SO gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Southern Co has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on SO!

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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 SO Stock Today?

Southern Co (SO) stock is up 0.51% while the S&P 500 has fallen 0% as of 2:33 PM on Tuesday, Nov 28. SO has gained $0.36 from the previous closing price of $70.25 on volume of 2,495,635 shares. Over the past year the S&P 500 has risen 14.79% while SO has gained 7.24%. SO earned $2.77 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 25.56. To see InvestorsObserver's Sentiment Score for Southern Co click here.

More About Southern Co

Southern Co. is one of the largest utilities in the U.S. The company distributes electricity and natural gas to approximately 9 million customers in nine states. It owns 50 gigawatts of rate-regulated generating capacity, primarily for serving customers in Georgia, Alabama, and Mississippi. Subsidiary Southern Power Co. owns 12 gigawatts of mostly non-rate-regulated renewable energy capacity and sells the electricity primarily under long-term power sales agreements. The solar and wind farms are located in Southern's regulated jurisdictions but also in Texas, California, and other states. Click Here to get the full Stock Report for Southern Co stock.