Overall market sentiment has been neutral on Netflix Inc (NFLX) stock lately. NFLX receives a Neutral rating from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company.
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 NFLX Stock Today?
Netflix Inc (NFLX) stock has risen 1.47% while the S&P 500 is lower by 0% as of 3:47 PM on Thursday, Aug 6. NFLX has risen $7.41 from the previous closing price of $502.11 on volume of 2,958,998 shares. Over the past year the S&P 500 has gained 15.47% while NFLX has risen 64.31%. NFLX earned $5.93 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 85.97.
To see the top 5 stocks in the Entertainment industry click here.
More About Netflix Inc
Netflix's primary business is a streaming video on demand service now available in almost every country worldwide except China. Netflix delivers original and third-party digital video content to PCs, Internet-connected TVs, and consumer electronic devices, including tablets, video game consoles, Apple TV, Roku, and Chromecast. In 2011, Netflix introduced DVD-only plans and separated the combined streaming and DVD plans, making it necessary for subscribers who want both to have separate plans.
