Great Western Bancorp Inc (GWB) stock is down 6.64% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.
Great Western Bancorp Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on GWB!
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 GWB Stock Today?
Great Western Bancorp Inc (GWB) stock is trading at $33.45 as of 1:18 PM on Wednesday, Jan 26, a rise of $0.07, or 0.21% from the previous closing price of $33.38. Volume today is less active than usual. So far 286,608 shares have traded compared to average volume of 428,213 shares. The stock has traded between $33.08 and $33.94 so far today.
To see InvestorsObserver's Sentiment Score for Great Western Bancorp Inc click here.
More About Great Western Bancorp Inc
Great Western Bancorp Inc is a bank holding company. The company principally operates through its wholly owned subsidiary, Great Western Bank. The bank is a full-service regional bank focused on relationship-based banking and agri-business banking primarily in the Midwest, as well as the Southwest region of the United States. The bank's strategy does not emphasize building-specific lines of business or geographic segments but instead prefers to work as an integrated unit providing customized solutions for its customers. The company, therefore, reports only through one segment. A plurality of its loan portfolio is in commercial real estate, followed by agricultural loans. The vast majority of the company's net revenue comes from net interest income.
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