Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends.
Recent trends are a good indicator 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 GEO Stock Today?
Geo Group Inc (GEO) stock is higher by 0.44% while the S&P 500 is lower by -0.96% as of 10:07 AM on Wednesday, Oct 25. GEO is up $0.04 from the previous closing price of $9.03 on volume of 379,115 shares. Over the past year the S&P 500 has gained 10.78% while GEO is up 5.47%. GEO earned $0.92 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 9.82.
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More About Geo Group Inc
The GEO Group Inc. is a real estate investment trust specializing in detention facilities and community-reentry centers. It operates in four segments: U.S. Secure Services, which primarily encompasses U.S.-based secure services business; Electronic Monitoring and Supervision Services, which conducts its services in the United States, represents services provided to adults for monitoring services and evidence-based supervision and treatment programs for community-based parolees, probationers, and pretrial defendants; Reentry Services conducts its services in the United States represents services provided to adults for residential and non-residential treatment, educational and community-based programs, pre-release and half-way house programs; and International Services.
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