The market has been high on Domtar Corp (UFS) stock recently. UFS gets a Bullish score from InvestorsObserver's Stock Sentiment Indicator.
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.
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 UFS Stock Today?
Domtar Corp (UFS) stock is down -0.02% while the S&P 500 is higher by 0.14% as of 3:06 PM on Thursday, May 6. UFS has fallen -$0.01 from the previous closing price of $48.49 on volume of 983,693 shares. Over the past year the S&P 500 has risen 45.50% while UFS is higher by 123.41%. UFS lost -$2.62 per share in the over the last 12 months.
To see InvestorsObserver's Sentiment Score for Domtar Corp click here.
More About Domtar Corp
Domtar Corp makes and sells a variety of fiber-based products in one segment based on product type: pulp and paper. It sells communication, specialty, and packaging paper products, which are used for printing, food packaging, and medical disposables such as surgical gowns. The segment also sells softwood, fluff, and hardwood pulp. The majority of revenue comes from the United States.
Click Here to get the full Stock Score Report on Domtar Corp (UFS) Stock.
