Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends.
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 VNO Stock Today?
Vornado Realty Trust (VNO) stock has fallen -0.08% while the S&P 500 has gained 1% as of 3:14 PM on Wednesday, Feb 1. VNO is lower by -$0.02 from the previous closing price of $24.39 on volume of 1,309,725 shares. Over the past year the S&P 500 is lower by -8.82% while VNO is lower by -40.58%. VNO earned $0.50 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 48.65.
To see InvestorsObserver's Sentiment Score for Vornado Realty Trust click here.
More About Vornado Realty Trust
Vornado owns and has an ownership interest in Class A office and retail properties highly concentrated in Manhattan, with additional properties in San Francisco and Chicago. It operates as a real estate investment trust.
Click Here to get the full Stock Report for Vornado Realty Trust stock.
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