Should You Buy SS&C Technologies Holdings, Inc. (SSNC) Stock on Thursday?

SS&C Technologies Holdings, Inc. (SSNC) stock is lower by 5.87% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

SS&C Technologies Holdings, Inc. has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on SSNC!

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What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. 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 SSNC Stock Today?

SS&C Technologies Holdings, Inc. (SSNC) stock is trading at $53.37 as of 12:52 PM on Thursday, Sep 15, a loss of -$0.55, or -1.02% from the previous closing price of $53.92. Volume today is 1,507,097 compared to average volume of 1,303,970. The stock has traded between $53.05 and $54.76 so far today.

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.