Overall market sentiment has been down on Peabody Energy Corporation (BTU) stock lately. BTU receives a Bearish rating from InvestorsObserver's Stock Sentiment Indicator.
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 indator 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 BTU Stock Today?
Peabody Energy Corporation (BTU) stock is trading at $2.74 as of 11:51 AM on Monday, Aug 10, a rise of $0.21, or 8.53% from the previous closing price of $2.52. The stock has traded between $2.54 and $2.77 so far today. Volume today is light. So far 1,095,788 shares have traded compared to average volume of 1,559,289 shares.
To see InvestorsObserver's Sentiment Score for Peabody Energy Corporation click here.
More About Peabody Energy Corporation
Peabody Energy mines and sells coal through approximately 21 coal mines in the United States and Australia. Peabody also markets and brokers coal, both as principal and agent, and trades coal and freight-related contracts through offices in China, Australia, the United Kingdom, and the U.S. The company operates in the following segment: Seaborne Thermal Mining, Seaborne Metallurgical Mining, Powder River Basin Mining, Midwestern U.S. Mining, Western U.S. Mining and Corporate and Other.
