Overall market sentiment has been neutral on Waters Corp (WAT) stock lately. WAT receives a Neutral rating from InvestorsObserver Stock Sentiment Indicator.
Waters Corp has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on WAT!
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.
Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.
InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.
Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.
What's Happening With WAT Stock Today?
Waters Corp (WAT) stock has fallen -0.41% while the S&P 500 has gained 0.74% as of 3:39 PM on Wednesday, Mar 20. WAT has fallen -$1.45 from the previous closing price of $348.97 on volume of 177,257 shares. Over the past year the S&P 500 has gained 32.01% while WAT has gained 15.65%. WAT earned $10.84 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 32.04.
To see InvestorsObserver's Sentiment Score for Waters Corp click here.
More About Waters Corp
Water sells liquid chromatography, mass spectrometry, and thermal analysis tools. These analytical instruments provide essential information on various products, such as their molecular structures and physical properties, to help clients enhance the health and well-being of end users. As a percentage of sales in 2020, Waters generated 59% from pharmaceutical customers, 30% from industrial clients, and 11% from academic/government institutions.
Click Here to get the full Stock Report for Waters Corp stock.
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