The market has been high on Ares Commercial Real Estate Corp (ACRE) stock recently. ACRE gets a Bullish score from InvestorsObserver's Stock Sentiment Indicator.
Ares Commercial Real Estate Corp has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on ACRE!
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 ACRE Stock Today?
Ares Commercial Real Estate Corp (ACRE) stock is down -9.16% while the S&P 500 is up 0.43% as of 11:55 AM on Wednesday, Jun 24. ACRE has fallen -$0.87 from the previous closing price of $9.50 on volume of 266,541 shares. Over the past year the S&P 500 has risen 6.31% while ACRE has fallen -42.24%. ACRE earned $0.44 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 19.42.
To see InvestorsObserver's Sentiment Score for Ares Commercial Real Estate Corp click here.
More About Ares Commercial Real Estate Corp
Ares Commercial Real Estate Corp is a specialty finance company and a Real Estate Investment Trust providing commercial real estate loans and related investments. The company operates in one segments namely originating and managing a diversified portfolio of CRE debt-related investments. The group recognizes its revenues through the interest income it receives from loans.
