Overall market sentiment has been down on DENTSPLY SIRONA Inc (XRAY) stock lately. XRAY receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.
DENTSPLY SIRONA Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on XRAY!
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 XRAY Stock Today?
DENTSPLY SIRONA Inc (XRAY) stock is trading at $33.16 as of 3:09 PM on Wednesday, Mar 27, an increase of $0.82, or 2.54% from the previous closing price of $32.34. The stock has traded between $32.57 and $33.35 so far today. Volume today is low. So far 1,189,493 shares have traded compared to average volume of 2,681,387 shares.
To see InvestorsObserver's Sentiment Score for DENTSPLY SIRONA Inc click here.
More About DENTSPLY SIRONA Inc
Dentsply Sirona Inc is a global manufacturer and distributor of dental supplies and equipment. The company's operating segments include Technologies & Equipment, which is responsible for the design, manufacture, sales, and distribution of products including dental implants, CAD/CAM systems, orthodontic clear aligner products, imaging systems, treatment centers, instruments, as well as certain healthcare device products, primarily catheters; and Consumables segment is responsible for the design, manufacture, sales, and distribution of dental consumable products which include categories of preventive, restorative, endodontic, and dental laboratory application.
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