Should You Buy AT&T Inc. (T) Stock After it Has Risen 4.93% in a Week?

AT&T Inc. (T) stock has gained 4.93% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

AT&T Inc. has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on T!

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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. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With T Stock Today?

AT&T Inc. (T) stock is lower by -0.72% while the S&P 500 has risen 0.28% as of 3:05 PM on Friday, Jun 9. T is lower by -$0.11 from the previous closing price of $16.07 on volume of 14,757,094 shares. Over the past year the S&P 500 has gained 4.63% while T is lower by -24.18%. T lost -$1.36 per share in the over the last 12 months. To see InvestorsObserver's Sentiment Score for AT&T Inc. click here.

More About AT&T Inc.

The wireless business contributes about two thirds of AT&T's revenue following the spinoff of WarnerMedia. The firm is the third- largest U.S. wireless carrier, connecting 67 million postpaid and 17 million prepaid phone customers. Fixed-line enterprise services, which account for about 20% of revenue, include internet access, private networking, security, voice, and wholesale network capacity. Residential fixed-line services, about 10% of revenue, primarily consist of broadband internet access service. AT&T also has a sizable presence in Mexico, serving 20 million customers, but this business only accounts for 2% of revenue. The firm still holds a 70% equity stake in satellite television provider DirecTV but does not consolidate this business in its financial statements. Click Here to get the full Stock Report for AT&T Inc. stock.