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Western Union Co (WU) Stock: What Does the Chart Say Wednesday?

Wednesday, November 22, 2023 03:04 PM | InvestorsObserver Analysts

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Western Union Co (WU) Stock: What Does the Chart Say Wednesday?

Overall market sentiment has been down on Western Union Co (WU) stock lately. WU receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bearish
Western Union Co has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on WU!

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. 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 WU Stock Today?

Western Union Co (WU) stock is lower by -0.21% while the S&P 500 is up 0.36% as of 2:55 PM on Wednesday, Nov 22. WU is down -$0.02 from the previous closing price of $11.91 on volume of 1,869,874 shares. Over the past year the S&P 500 is higher by 15.31% while WU is down -14.77%. WU earned $1.98 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 6. To screen for more stocks like Western Union Co click here.

More About Western Union Co

Western Union provides domestic and international money transfers through its global network of about 500,000 outside agents. It is the largest money transfer company in the world and one of only a few companies with a truly global agent network. Click Here to get the full Stock Report for Western Union Co stock.

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