What is the Market's View on Pzena Investment Management, Inc. (PZN) Stock's Price and Volume Trends Thursday?

Thursday, July 28, 2022 03:23 PM | InvestorsObserver Analysts

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What is the Market's View on Pzena Investment Management, Inc. (PZN) Stock's Price and Volume Trends Thursday?

Pzena Investment Management, Inc. (PZN) stock has gained 37.81% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Pzena Investment Management, Inc. has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on PZN!

See Full PZN Report

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. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With PZN Stock Today?

Pzena Investment Management, Inc. (PZN) stock is trading at $9.44 as of 3:07 PM on Thursday, Jul 28, an increase of $0.03, or 0.32% from the previous closing price of $9.41. Volume today is above average. So far 537,007 shares have traded compared to average volume of 116,330 shares. The stock has traded between $9.40 and $9.45 so far today. To see InvestorsObserver's Sentiment Score for Pzena Investment Management, Inc. click here.

More About Pzena Investment Management, Inc.

Pzena Investment Management Inc is a United States (U.S) based investment management company. The company adopts value-oriented investment strategies across a wide range of market capitalizations in both U.S. and non-U.S. capital markets. It manages separate accounts on behalf of institutions; acts as the sub-investment adviser for a variety of Securities and Exchange Commission registered mutual funds and non-U.S. funds, and act as investment adviser for the Pzena Mutual Funds as well as certain private placement funds. In addition, the company offers institutional investment products to public and corporate pension funds, endowments, foundations, and certain commingled vehicles geared toward institutional investors. The primary source of the revenue is management fees received. Click Here to get the full Stock Report for Pzena Investment Management, Inc. stock.