Overall market sentiment has been high on Electro-Sensors, Inc. (ELSE) stock lately. ELSE receives a Bullish rating from InvestorsObserver's Stock Sentiment Indicator.
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.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What's Happening With ELSE Stock Today?
Electro-Sensors, Inc. (ELSE) stock has fallen -6.39% while the S&P 500 is higher by 1.27% as of 11:27 AM on Tuesday, Sep 15. ELSE has fallen -$0.26 from the previous closing price of $3.99 on volume of 85,518 shares. Over the past year the S&P 500 is higher by 12.86% while ELSE has fallen -6.50%. ELSE earned $0.01 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 303.39.
To see the top 5 stocks in the Scientific & Technical Instruments industry click here.
More About Electro-Sensors, Inc.
Electro-Sensors Inc is engaged in manufacturing and selling a variety of monitoring systems that measure actual machine production and operation rates, as well as systems that regulate the speed of related machines in production processes. Its speed monitoring systems compare revolutions per minute or speed against acceptable rates as determined by a customer. It also includes a line of products that measure production counts or rates, such as parts, gallons, or board feet, alarm systems, tachometers, and other devices that translate impulses from the sensors into alarm signals, computer inputs, or digital displays that are usable by the customer.
Click Here to get the full Stock Score Report on Electro-Sensors, Inc. (ELSE) Stock.
