Overall market sentiment has been high on Telecom Argentina SA (TEO) stock lately. TEO receives a Bullish rating from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.
As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.
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 TEO Stock Today?
Telecom Argentina SA (TEO) stock is up 6.13% while the S&P 500 has fallen -1.72% as of 12:51 PM on Wednesday, May 12. TEO is up $0.29 from the previous closing price of $4.73 on volume of 656,880 shares. Over the past year the S&P 500 has risen 39.26% while TEO has fallen -33.95%. TEO lost -$0.14 per share in the over the last 12 months.
To screen for more stocks like Telecom Argentina SA click here.
More About Telecom Argentina SA
Telecom Argentina SA operates in the telecommunication service industry. The company provides quadruple play services, cable television services, Internet services, fixed telephony, and telephone-related services such as international long-distance and wholesale services, data transmission and IT solutions outsourcing. The company provides its services in Argentina, Paraguay, Uruguay, and in the United States.
Click Here to get the full Stock Score Report on Telecom Argentina SA (TEO) Stock.
