The market has been high on SS&C Technologies Holdings, Inc. (SSNC) stock recently. SSNC gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.
SS&C Technologies Holdings, Inc. has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on SSNC!
Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends.
Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor.
InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon.
The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.
What's Happening With SSNC Stock Today?
SS&C Technologies Holdings, Inc. (SSNC) stock is higher by 1.13% while the S&P 500 is down -0.03% as of 11:38 AM on Friday, Oct 8. SSNC has risen $0.80 from the previous closing price of $70.55 on volume of 439,081 shares. Over the past year the S&P 500 has risen 28.62% while SSNC has risen 13.22%. SSNC earned $2.69 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 26.47.
To see InvestorsObserver's Sentiment Score for SS&C Technologies Holdings, Inc. click here.
More About SS&C Technologies Holdings, Inc.
SS&C Technologies provides software products and software-enabled services to a variety of customers primarily in financial services but also healthcare firms. SS&C GlobeOp provides fund administration services to alternative and traditional asset managers. In addition, SS&C provides portfolio accounting, portfolio management, trading, banking/lending, and other software to asset managers, banks, and financial advisors. SS&C's purchase of Intralinks makes it a leading player in Virtual Data Room solutions. With its purchase of DST Systems, SS&C gained a foothold in the healthcare industry with pharmacy health management solutions and medical claim administration services.
Click Here to get the full Stock Report for SS&C Technologies Holdings, Inc. stock.
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