The market has been high on SEACOR Marine Holdings Inc (SMHI) stock recently. SMHI gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.
SEACOR Marine Holdings Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on SMHI!
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 SMHI Stock Today?
SEACOR Marine Holdings Inc (SMHI) stock is trading at $9.16 as of 2:33 PM on Wednesday, May 18, a loss of -$0.19, or -2.03% from the previous closing price of $9.35. The stock has traded between $9.01 and $9.46 so far today. Volume today is light. So far 82,219 shares have traded compared to average volume of 118,141 shares.
More About SEACOR Marine Holdings Inc
Seacor Marine Holdings Inc provides global marine and support transportation services to offshore energy facilities worldwide. The company operates and manages a diverse fleet of offshore support vessels that deliver cargo and personnel to offshore installations including wind farms; handle anchors and mooring equipment required to tether rigs to the seabed; tow rigs and assist in placing them on location and moving them between regions; provide construction, well work-over, maintenance and decommissioning support and carry and launch equipment used underwater in drilling and well installation, maintenance, inspection and repair. Additionally, the company's vessels provide accommodations for technicians and specialists, safety support and emergency response services.
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