Tri Pointe Homes Inc (Delaware) (TPH) stock has fallen 2.94% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.
Tri Pointe Homes Inc (Delaware) has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on TPH!
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.
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 TPH Stock Today?
Tri Pointe Homes Inc (Delaware) (TPH) stock is trading at $21.49 as of 3:13 PM on Monday, Sep 20, a decline of -$1.26, or -5.54% from the previous closing price of $22.75. The stock has traded between $21.40 and $22.36 so far today. Volume today is less active than usual. So far 772,698 shares have traded compared to average volume of 1,043,168 shares.
To screen for more stocks like Tri Pointe Homes Inc (Delaware) click here.
More About Tri Pointe Homes Inc (Delaware)
Tri Pointe Homes Inc is an American construction company that focuses on residential construction. The company designs and builds single-family homes and condominiums through its portfolio of six regional housing brands. Its largest regional brands include Maracay Homes, which operates in Arizona, and TRI Pointe and Pardee Homes, which operate in California, Nevada, and Colorado. From a geographic perspective, California is TRI Pointe's largest source of revenue, followed by Arizona and Nevada. The company also operates in Texas, Oregon, and Virginia. TRI Pointe completes approximately 4,000 homes annually with an average selling price around $500,000. TRI Pointe also is involved in the sale and development of land.
Click Here to get the full Stock Report for Tri Pointe Homes Inc (Delaware) stock.