Is Verisign, Inc. (VRSN) Stock About to Get Hot Thursday?

Verisign, Inc. (VRSN) stock has risen 2.85% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

Verisign, Inc. has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on VRSN!

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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. 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 VRSN Stock Today?

Verisign, Inc. (VRSN) stock has gained 1.6% while the S&P 500 is down -0.03% as of 3:00 PM on Thursday, Nov 16. VRSN is up $3.31 from the previous closing price of $206.55 on volume of 247,598 shares. Over the past year the S&P 500 has risen 12.78% while VRSN is up 7.33%. VRSN earned $7.01 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 29.93. To see InvestorsObserver's Sentiment Score for Verisign, Inc. click here.

More About Verisign, Inc.

Verisign is the sole authorized registry for several generic top-level domains, including the widely utilized .com and .net top-level domains. The company operates critical internet infrastructure to support the domain name system, including operating two of the world's 13 root servers that are used to route internet traffic. In 2018, the firm sold its Security Services business, signaling a renewed focus on the core registry business. Click Here to get the full Stock Report for Verisign, Inc. stock.