The market has been high on Liberty Energy Inc (LBRT) stock recently. LBRT gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.
Liberty Energy Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on LBRT!
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.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What's Happening With LBRT Stock Today?
Liberty Energy Inc (LBRT) stock is up 5.64% while the S&P 500 has fallen -0.2% as of 2:40 PM on Wednesday, Oct 5. LBRT has risen $0.79 from the previous closing price of $14.00 on volume of 1,071,665 shares. Over the past year the S&P 500 is down -12.03% while LBRT has risen 13.16%. LBRT lost $0.00 per share in the over the last 12 months.
To see InvestorsObserver's Sentiment Score for Liberty Energy Inc click here.
More About Liberty Energy Inc
Liberty Energy is an oilfield services company that provides hydraulic fracturing services-mainly pressure pumping-to onshore E&P firms' major basins throughout North America. Its 2020 acquisition of Schlumberger's OneStim business segment made Liberty one of the largest pressure pumpers in North America. It also added wireline operations, two Permian frac sand mines, and an expanded technological portfolio.
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