Overall market sentiment has been high on Yandex NV (YNDX) stock lately. YNDX 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.
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 YNDX Stock Today?
Yandex NV (YNDX) stock has fallen -0.13% while the S&P 500 has gained 0.48% as of 1:16 PM on Thursday, Dec 17. YNDX is lower by -$0.09 from the previous closing price of $70.80 on volume of 648,375 shares. Over the past year the S&P 500 is up 16.49% while YNDX has gained 68.60%. YNDX earned $0.97 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 72.54.
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More About Yandex NV
Yandex NV is an internet and technology company and operating internet search engines in Russia. It builds products and services powered by machine learning. The company operates through following segments namely, Search and Portal; Taxi; E-commerce; Classifieds; Media Services; Other Bets and Experiments. Search and Portal segment offers services in Russia, Belarus, Kazakhstan which generates most of the revenue.
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