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.
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 SLCA Stock Today?
US Silica Holdings Inc (SLCA) stock is trading at $11.76 as of 1:01 PM on Monday, Nov 6, a drop of -$0.19, or -1.59% from the previous closing price of $11.95. The stock has traded between $11.76 and $12.24 so far today. Volume today is low. So far 316,363 shares have traded compared to average volume of 684,485 shares.
More About US Silica Holdings Inc
US Silica Holdings Inc is one of the leading suppliers of sand used in hydraulic fracturing of oil and gas wells. The company delivers sand in most major basins via its extensive logistics network and has an emerging last-mile logistics capability to deliver sand direct to the well site. Its operating segment includes Oil and Gas Proppants and Industrial and Specialty Products. The company generates maximum revenue from the Oil and Gas Proppants segment.
Click Here to get the full Stock Report for US Silica Holdings Inc stock.
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