StoneCo Ltd (STNE) stock is lower by 4.43% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.
StoneCo Ltd has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on STNE!
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.
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 STNE Stock Today?
StoneCo Ltd (STNE) stock has fallen -4.41% while the S&P 500 is higher by 0.47% as of 11:13 AM on Monday, Oct 11. STNE has fallen -$1.46 from the previous closing price of $33.14 on volume of 1,168,326 shares. Over the past year the S&P 500 has gained 24.83% while STNE has fallen -45.49%. STNE earned $0.73 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 43.09.
To see InvestorsObserver's Sentiment Score for StoneCo Ltd click here.
More About StoneCo Ltd
StoneCo Ltd is a provider of financial technology solutions. The company offers solutions that empower merchants and integrated partners to conduct electronic commerce seamlessly across in-store, online, and mobile channels in Brazil. Its Stone Business Model combines advanced, end-to-end, cloud-based technology platforms; differentiated hyper-local and integrated distribution approaches; and white-glove, on-demand customer service.
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