What is the Market's View on PLDT Inc ADR (PHI) Stock's Price and Volume Trends Tuesday?

The market has been high on PLDT Inc ADR (PHI) stock recently. PHI gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

PLDT Inc ADR has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on PHI!

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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 PHI Stock Today?

PLDT Inc ADR (PHI) stock is lower by -4.41% while the S&P 500 has risen 0.94% as of 11:54 AM on Tuesday, Mar 12. PHI has fallen -$1.19 from the previous closing price of $26.99 on volume of 272,827 shares. Over the past year the S&P 500 is higher by 33.98% while PHI has risen 13.66%. PHI earned $0.91 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 28.23. To screen for more stocks like PLDT Inc ADR click here.

More About PLDT Inc ADR

Philippine Long Distance Telephone is the largest telecommunications carrier in the Philippines. The company operates the nations most extensive fixed-line network and holds more than half of the market share in the domestic wireless space. First Pacific a Hong Kong-based investment and management company specializing in consumer and telecommunication businesses owns about 26% of PLDT while two subsidiaries of Nippon Telegraph and Telephone jointly own about 21%. Click Here to get the full Stock Report for PLDT Inc ADR stock.