Overall market sentiment has been down on Universal Health Services, Inc. Class B (UHS) stock lately. UHS receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.
Universal Health Services, Inc. Class B has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on UHS!
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.
Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor.
InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon.
The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.
What's Happening With UHS Stock Today?
Universal Health Services, Inc. Class B (UHS) stock has gained 1.19% while the S&P 500 has fallen -0.14% as of 3:44 PM on Tuesday, Nov 29. UHS has risen $1.54 from the previous closing price of $129.12 on volume of 243,679 shares. Over the past year the S&P 500 has fallen -14.97% while UHS has risen 7.74%. UHS earned $9.72 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 13.45.
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More About Universal Health Services, Inc. Class B
Universal Health Services Inc owns and operates acute care hospitals, behavior health centers, surgical hospitals, ambulatory surgery centers, and radiation oncology centers. The firm operates in two key segments: Acute Care Hospital Services and Behavioral Health Services. The Acute Care Hospital Services segment includes the firm's acute care hospitals, surgical hospitals, and surgery and oncology centers.
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