The market has been high on StoneMor Partners L.P. (STON) stock recently. STON gets a Bullish 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.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What's Happening With STON Stock Today?
StoneMor Partners L.P. (STON) stock has risen 20.69% while the S&P 500 is lower by -0.49% as of 3:30 PM on Monday, Dec 21. STON is higher by $0.36 from the previous closing price of $1.74 on volume of 641,622 shares. Over the past year the S&P 500 is up 14.49% while STON is higher by 60.31%. STON lost -$3.07 per share in the over the last 12 months.
More About StoneMor Partners L.P.
StoneMor Inc owns and operates the cemeteries and funeral homes in the United States. The company sells cemetery products and services both at the time of death, which it refers to as at-need and prior to the time of death, which it refers to as pre-need. Its two divisions are cemetery operations and funeral homes, the former accounting for the majority of revenues.