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TTEC Holdings Inc (TTEC) Stock: What Does the Chart Say Thursday?

Thursday, November 09, 2023 01:35 PM | InvestorsObserver Analysts

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TTEC Holdings Inc (TTEC) Stock: What Does the Chart Say Thursday?

Overall market sentiment has been neutral on TTEC Holdings Inc (TTEC) stock lately. TTEC receives a Neutral rating from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,neutral
TTEC Holdings Inc has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on TTEC!

What is Stock Sentiment?

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. 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 TTEC Stock Today?

TTEC Holdings Inc (TTEC) stock is trading at $16.53 as of 1:16 PM on Thursday, Nov 9, a drop of -$5.16, or -23.79% from the previous closing price of $21.69. The stock has traded between $16.20 and $21.40 so far today. Volume today is 272,019 compared to average volume of 286,992.

More About TTEC Holdings Inc

TTEC Holdings provides customer engagement management tools and services. The company operates through four operating segments that are organized into two groups, TTEC Digital and TTEC Engage. TTEC Digital is engaged in building and implementing cloud-based and on-premises customer experience tools that enable clients to develop customer engagement strategies. TTEC Engage focuses on delivering sales and marketing solutions to help clients boost their revenue as well as on managing customer's front-to-back office processes to optimize the customer experience. TTEC Engage contributes the vast majority of the company's revenue, and most of the sales are derived from North America, followed by Asia-Pacific and India. Click Here to get the full Stock Report for TTEC Holdings Inc stock.

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