Should You Buy Ares Commercial Real Estate Corp (ACRE) Stock After it Is Higher By 9.05% in a Week?

Ares Commercial Real Estate Corp (ACRE) stock is higher by 9.05% over the past week and gets a Bullish rating from InvestorsObserver 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!

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What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. 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 trading at $9.76 as of 1:38 PM on Monday, Nov 6, a drop of -$0.21, or -2.11% from the previous closing price of $9.97. The stock has traded between $9.73 and $9.99 so far today. Volume today is low. So far 206,704 shares have traded compared to average volume of 516,335 shares. 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 segment 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. Click Here to get the full Stock Report for Ares Commercial Real Estate Corp stock.