Overall market sentiment has been high on Portland General Electric Company (POR) stock lately. POR receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.
Portland General Electric Company has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on POR!
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 POR Stock Today?
Portland General Electric Company (POR) stock is trading at $48.04 as of 11:08 AM on Friday, May 20, a decline of -$0.53, or -1.09% from the previous closing price of $48.57. The stock has traded between $47.85 and $48.73 so far today. Volume today is light. So far 77,831 shares have traded compared to average volume of 853,208 shares.
To see InvestorsObserver's Sentiment Score for Portland General Electric Company click here.
More About Portland General Electric Company
Portland General Electric is a regulated electric utility providing generation, transmission, and distribution services to 917,000 customers representing about half of all Oregon residents. The company owns (wholly or through joint ventures) a total of 3.5 gigawatts of gas, coal, wind, and hydro generation.
Click Here to get the full Stock Report for Portland General Electric Company stock.