Overall market sentiment has been high on Trinity Place Holdings Inc (TPHS) stock lately. TPHS receives a Bullish rating from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.
As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.
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 TPHS Stock Today?
Trinity Place Holdings Inc (TPHS) stock has risen 6.59% while the S&P 500 is lower by -1.63% as of 2:03 PM on Friday, Oct 23. TPHS has risen $0.09 from the previous closing price of $1.29 on volume of 32,558 shares. Over the past year the S&P 500 has risen 14.06% while TPHS is lower by -65.15%. TPHS earned $0.61 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 2.25.
More About Trinity Place Holdings Inc
Trinity Place Holdings Inc is a real estate holding, investment, and asset management company. The company is primarily engaged into own, invest in, manage, develop or redevelop real estate assets and/or real estate related securities. It is operated in a single segment. It also controls a range of intellectual property assets focused on the consumer sector, including its online marketplace at FilenesBasement.com, its rights to the Stanley Blacker brand, and the intellectual property associated with the Running of the Brides event.