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TransDigm Group Incorporated (TDG) Stock: What Does the Chart Say Friday?

Friday, May 20, 2022 02:10 PM | InvestorsObserver Analysts

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TransDigm Group Incorporated (TDG) Stock: What Does the Chart Say Friday?

TransDigm Group Incorporated (TDG) stock is down 3.92% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

Sentiment Score - ,bearish
TransDigm Group Incorporated has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on TDG!

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. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With TDG Stock Today?

TransDigm Group Incorporated (TDG) stock has risen 0.1% while the S&P 500 is down -1.72% as of 2:07 PM on Friday, May 20. TDG has gained $0.55 from the previous closing price of $541.14 on volume of 283,617 shares. Over the past year the S&P 500 is down -6.85% while TDG is down -7.82%. TDG earned $14.36 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 37.72.

More About TransDigm Group Incorporated

TransDigm manufactures and services a diverse set of components for commercial and military aircraft. The firm organizes itself in three segments: a power and control segment, an airframe segment, and a small nonaviation segment. It operates as an acquisitive holding company that targets firms with proprietary, sole-source products with substantial aftermarket content. TransDigm regularly employs financial leverage to amplify operating results. Click Here to get the full Stock Report for TransDigm Group Incorporated stock.

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