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What is the Market's View on IDEX Corp (IEX) Stock's Price and Volume Trends Tuesday?

Tuesday, February 27, 2024 01:03 PM | InvestorsObserver Analysts

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What is the Market's View on IDEX Corp (IEX) Stock's Price and Volume Trends Tuesday?

IDEX Corp (IEX) stock is up 2.01% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Sentiment Score - ,bullish
IDEX Corp has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on IEX!

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 IEX Stock Today?

IDEX Corp (IEX) stock is trading at $234.99 as of 12:55 PM on Tuesday, Feb 27, a loss of -$1.05, or -0.44% from the previous closing price of $236.04. The stock has traded between $234.99 and $236.99 so far today. Volume today is below average. So far 74,338 shares have traded compared to average volume of 466,917 shares.

More About IDEX Corp

Idex manufactures pumps, flow meters, valves, and fluidic systems for customers in a variety of end markets, including industrial, fire and safety, life science, and water. The firm's business is organized into three segments: fluid and metering technologies, health and science technologies, and fire and safety and diversified products. Based in Lake Forest, Illinois, Idex has manufacturing operations in over 20 countries and has over 7,000 employees. The company generated $2.8 billion in revenue and $661 million in adjusted operating income in 2021. Click Here to get the full Stock Report for IDEX Corp stock.

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