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Should You Buy Telephone & Data Systems, Inc. (TDS) Stock After it Is Higher By 12.55% in a Week?

Thursday, January 05, 2023 01:32 PM | InvestorsObserver Analysts

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Should You Buy Telephone & Data Systems, Inc. (TDS) Stock After it Is Higher By 12.55% in a Week?

The market has been high on Telephone & Data Systems, Inc. (TDS) stock recently. TDS gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bullish
Telephone & Data Systems, Inc. has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on TDS!

What is Stock Sentiment?

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. 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 TDS Stock Today?

Telephone & Data Systems, Inc. (TDS) stock is higher by 1.68% while the S&P 500 is down -0.73% as of 1:29 PM on Thursday, Jan 5. TDS has risen $0.19 from the previous closing price of $11.64 on volume of 701,910 shares. Over the past year the S&P 500 has fallen -20.20% while TDS is down -43.10%. TDS earned $0.43 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 27.7. To see InvestorsObserver's Sentiment Score for Telephone & Data Systems, Inc. click here.

More About Telephone & Data Systems, Inc.

Telephone and Data Systems Inc is a diversified telecommunications operator that provides mobile, telephone, and broadband services to approximately 6 million customers. The firm's mobile operations are conducted by its 81%-owned subsidiary, U.S. Cellular, which serves nearly 5 million wireless customers. The firm's wireline operations are conducted by its wholly owned subsidiary, TDS Telecom, which services nearly 1 million phone and Internet access lines in predominantly rural and suburban areas. Click Here to get the full Stock Report for Telephone & Data Systems, Inc. stock.

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