Overall market sentiment has been neutral on PulteGroup, Inc. (PHM) stock lately. PHM receives a Neutral rating from InvestorsObserver's Stock Sentiment Indicator.
PulteGroup, Inc. has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on PHM!
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.
Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive.
InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend.
Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .
What's Happening With PHM Stock Today?
PulteGroup, Inc. (PHM) stock is trading at $33.87 as of 2:28 PM on Monday, Jul 6, a gain of $1.03, or 3.14% from the previous closing price of $32.84. The stock has traded between $33.43 and $34.32 so far today. Volume today is less active than usual. So far 1,650,523 shares have traded compared to average volume of 3,726,633 shares.
To see InvestorsObserver's Sentiment Score for PulteGroup, Inc. click here.
More About PulteGroup, Inc.
PulteGroup is one of the largest homebuilders in the United States, operating in 44 markets across 24 states. The company mainly builds single-family detached homes (85% of unit sales) and offers products to entry-level, move-up, and active-adult buyers. PulteGroup offers homebuyers mortgage financing and title agency services through its financial services segment. The company is headquartered in Atlanta.
