Overall market sentiment has been neutral on Telefonica S.A. (TEF) stock lately. TEF receives a Neutral rating from InvestorsObserver Stock Sentiment Indicator.
Telefonica S.A. has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on TEF!
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.
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 TEF Stock Today?
Telefonica S.A. (TEF) stock is trading at $4.66 as of 10:37 AM on Thursday, Jun 16, a loss of -$0.03, or -0.64% from the previous closing price of $4.69. The stock has traded between $4.60 and $4.66 so far today. Volume today is light. So far 281,562 shares have traded compared to average volume of 1,991,221 shares.
More About Telefonica S.A.
Telefonica operates mobile and fixed networks in Spain (where it is the incumbent telephone operator), U.K., Germany, Brazil, and other Latin American countries. The company derives more than 30% of its revenue from Spain, close to 20% from Germany and 20% from Brazil. Its U.K. operations are held through a joint venture with Virgin Media. In Latin America Telefonica operates in Mexico, Argentina, Chile, and Peru, among others.
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