Jacobs Engineering Group Inc (J) stock is up 8.01% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.
Jacobs Engineering Group Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on J!
What is Stock Sentiment?
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.
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 J Stock Today?
Jacobs Engineering Group Inc (J) stock is trading at $139.05 as of 2:33 PM on Thursday, Aug 12, a rise of $2.90, or 2.13% from the previous closing price of $136.15. The stock has traded between $136.00 and $139.25 so far today. Volume today is above average. So far 718,445 shares have traded compared to average volume of 513,989 shares.
To see InvestorsObserver's Sentiment Score for Jacobs Engineering Group Inc click here.
More About Jacobs Engineering Group Inc
Jacobs Engineering is a global provider of engineering, design, procurement, construction, and maintenance services as well as cyber engineering and security solutions. The firm serves industrial, commercial, and government clients in a wide variety of sectors, including water, transportation, healthcare, technology, and chemicals. Jacobs Engineering employs approximately 55,000 workers. The company generated $13.6 billion in revenue and $970 million in adjusted operating income in fiscal 2020.
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