Is StarTek, Inc. (SRT) a Stock to Watch After Gaining 8.76% This Week?

Friday, August 26, 2022 01:57 PM | InvestorsObserver Analysts

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Is StarTek, Inc. (SRT) a Stock to Watch After Gaining 8.76% This Week?

StarTek, Inc. (SRT) stock has risen 8.76% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

StarTek, Inc. has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on SRT!

See Full SRT Report

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. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With SRT Stock Today?

StarTek, Inc. (SRT) stock has risen 8.27% while the S&P 500 has fallen -2.47% as of 1:28 PM on Friday, Aug 26. SRT is up $0.34 from the previous closing price of $4.13 on volume of 161,652 shares. Over the past year the S&P 500 is down -8.91% while SRT has fallen -23.59%. SRT earned $0.18 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 25.4. To see InvestorsObserver's Sentiment Score for StarTek, Inc. click here.

More About StarTek, Inc.

StarTek Inc is a customer engagement business process outsourcing company. The company operates its business through six reportable segments, based on the geographic regions: Americas, Middle East, Malaysia, India and Sri Lanka, Argentina and Peru, Rest of World. Its service offerings include customer care, sales support, inbound sales, complex order processing, accounts receivable management, technical and product support, up-sell and cross-sell opportunities, customer intelligence analytics and other industry-specific processes. Americas contribute the majority of the revenue. Click Here to get the full Stock Report for StarTek, Inc. stock.