Overall market sentiment has been high on Citrix Systems, Inc. (CTXS) stock lately. CTXS receives a Bullish rating from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What's Happening With CTXS Stock Today?
Citrix Systems, Inc. (CTXS) stock is down -0.14% while the S&P 500 has risen 1.5% as of 2:30 PM on Wednesday, Jan 20. CTXS is lower by -$0.20 from the previous closing price of $135.36 on volume of 1,058,758 shares. Over the past year the S&P 500 is up 16.11% while CTXS has risen 14.69%. CTXS earned $4.00 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 33.78.
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More About Citrix Systems, Inc.
Citrix Systems provides virtualization software, including Virtual Apps and Desktops for desktop virtualization and Citrix Virtual Apps for application virtualization. The company also provides Citrix Endpoint Management for mobile device management and Citrix ADC for application delivery and Citrix SDWAN for routing, security, and WAN monitoring.
Click Here to get the full Stock Score Report on Citrix Systems, Inc. (CTXS) Stock.
