The market has been high on Facebook, Inc. Common Stock (FB) stock recently. FB gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.
Facebook, Inc. Common Stock has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on FB!
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.
Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.
InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.
Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.
What's Happening With FB Stock Today?
Facebook, Inc. Common Stock (FB) stock is trading at $339.59 as of 10:46 AM on Tuesday, Oct 19, a gain of $4.25, or 1.27% from the previous closing price of $335.34. The stock has traded between $337.28 and $340.90 so far today. Volume today is low. So far 6,074,147 shares have traded compared to average volume of 19,556,463 shares.
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More About Facebook, Inc. Common Stock
Facebook is the world's largest online social network, with 2.5 billion monthly active users. Users engage with each other in different ways, exchanging messages and sharing news events, photos, and videos. On the video side, the firm is in the process of building a library of premium content and monetizing it via ads or subscription revenue. Facebook refers to this as Facebook Watch. The firm's ecosystem consists mainly of the Facebook app, Instagram, Messenger, WhatsApp, and many features surrounding these products. Users can access Facebook on mobile devices and desktops. Advertising revenue represents more than 90% of the firm's total revenue, with 50% coming from the U.S. and Canada and 25% from Europe. With gross margins above 80%, Facebook operates at a 30%-plus margin.
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