StoneMor Partners L.P. (STON) stock has gained 8.86% over the past week and gets a Bullish rating from InvestorsObserver's Sentiment Indicator.
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.
Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor.
InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon.
The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.
What's Happening With STON Stock Today?
StoneMor Partners L.P. (STON) stock is unchanged -0.41% while the S&P 500 is higher by 0.75% as of 3:31 PM on Tuesday, Sep 15. STON is flat $0.00 from the previous closing price of $0.86 on volume of 304,536 shares. Over the past year the S&P 500 has gained 13.71% while STON is down -40.69%. STON lost -$3.07 per share in the over the last 12 months.
To see InvestorsObserver's Sentiment Score for StoneMor Partners L.P. click here.
More About StoneMor Partners L.P.
StoneMor Inc owns and operates the cemeteries and funeral homes in the United States. The company sells cemetery products and services both at the time of death, which it refers to as at-need and prior to the time of death, which it refers to as pre-need. Its two divisions are cemetery operations and funeral homes, the former accounting for the majority of revenues.
Click Here to get the full Stock Score Report on StoneMor Partners L.P. (STON) Stock.
