Overall market sentiment has been down on Putnam Master Intermediate Income Trust (PIM) stock lately. PIM receives a Bearish rating from InvestorsObserver's Stock Sentiment Indicator.
Putnam Master Intermediate Income Trust has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on PIM!
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.
Recent trends are a good indator 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 PIM Stock Today?
Putnam Master Intermediate Income Trust (PIM) stock is lower by -3.04% while the S&P 500 is higher by 1.1% as of 11:32 AM on Friday, Jun 26. PIM has fallen -$0.13 from the previous closing price of $4.28 on volume of 471,867 shares. Over the past year the S&P 500 is up 5.83% while PIM has fallen -8.99%. PIM lost -$0.11 per share in the over the last 12 months.
To see InvestorsObserver's Sentiment Score for Putnam Master Intermediate Income Trust click here.
More About Putnam Master Intermediate Income Trust
Putnam Master Intermediate Income Trust is a closed-end fund. Its investment objective is to provide high current income and relative stability of net asset value. The fund pursues its goal by investing in U.S. high-grade, high-yield, and international fixed-income securities with limited maturities. The fund's portfolio includes the United States Government and agency mortgage obligations; mortgage-backed securities; corporate bonds and notes, and foreign government and agency bonds and notes.
