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Should You Buy Zions Bancorporation NA (ZION) Stock on Friday?

Friday, June 09, 2023 03:58 PM | InvestorsObserver Analysts

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Should You Buy Zions Bancorporation NA (ZION) Stock on Friday?

Overall market sentiment has been high on Zions Bancorporation NA (ZION) stock lately. ZION receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bullish
Zions Bancorporation NA has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on ZION!

What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. 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 ZION Stock Today?

Zions Bancorporation NA (ZION) stock has fallen -3.58% while the S&P 500 has gained 0.11% as of 3:50 PM on Friday, Jun 9. ZION has fallen -$1.15 from the previous closing price of $32.01 on volume of 3,233,327 shares. Over the past year the S&P 500 has risen 4.45% while ZION has fallen -45.41%. ZION earned $5.85 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 5.28.

More About Zions Bancorporation NA

Zions Bancorp NA is a regional U.S. bank with core operations that span 11 states. The bank is headquartered in Salt Lake City and does business primarily in the Western and Southwestern United States. Zions primarily focuses on providing banking services to small and midsize businesses, with the majority of its loans focused on commercial and commercial real estate lending. Click Here to get the full Stock Report for Zions Bancorporation NA stock.

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