The market has been down on Stamps.com Inc. (STMP) stock recently. STMP gets a Bearish score from InvestorsObserver's Stock Sentiment Indicator.
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.
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 STMP Stock Today?
Stamps.com Inc. (STMP) stock is lower by -3.57% while the S&P 500 has gained 0.64% as of 1:46 PM on Friday, May 7. STMP is lower by -$6.87 from the previous closing price of $192.66 on volume of 340,430 shares. Over the past year the S&P 500 is higher by 48.45% while STMP has gained 0.43%. STMP earned $9.37 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 19.88.
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More About Stamps.com Inc.
Stamps.com Inc is a provider of Internet-based mailing and shipping solutions. The company's operating segments are Stamps.com and MetaPack. The Stamps.com segment makes up more than 90% of the company's revenue. This segment derives revenue from online postage and shipping software solutions offered to consumers, small businesses, e-commerce shippers, enterprise mailers, and high volume shippers. Stamps.com's customers are primarily located in the U.S. MetaPack derives revenue from multi-carrier enterprise-level shipping software solutions for large e-commerce retailers and brands.
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