Gap Inc (GPS) stock is higher by 11.19% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.
Gap Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on GPS!
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.
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 GPS Stock Today?
Gap Inc (GPS) stock is trading at $20.97 as of 3:05 PM on Friday, Dec 1, a rise of $0.90, or 4.48% from the previous closing price of $20.07. The stock has traded between $19.90 and $21.06 so far today. Volume today is light. So far 5,842,704 shares have traded compared to average volume of 11,380,546 shares.
To see InvestorsObserver's Sentiment Score for Gap Inc click here.
More About Gap Inc
Gap retails apparel, accessories, and personal-care products under the Gap, Old Navy, Banana Republic, and Athleta brands. Old Navy generates more than half of Gap's sales. The firm also operates e-commerce sites, outlet stores, and specialty stores under various Gap names. Gap operates nearly 3,000 stores in North America, Europe, and Asia and franchises about 600 stores in Asia, Europe, Latin America, and other regions. Gap was founded in 1969 and is based in San Francisco.
Click Here to get the full Stock Report for Gap Inc stock.