What is the Market's View on S&P Global Inc (SPGI) Stock's Price and Volume Trends Monday?

Overall market sentiment has been high on S&P Global Inc (SPGI) stock lately. SPGI receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

S&P Global Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on SPGI!

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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. 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 SPGI Stock Today?

S&P Global Inc (SPGI) stock is down -1.41% while the S&P 500 is up 0.15% as of 3:04 PM on Monday, Nov 14. SPGI is lower by -$5.04 from the previous closing price of $356.20 on volume of 787,665 shares. Over the past year the S&P 500 is down -14.60% while SPGI is lower by -23.54%. SPGI earned $11.96 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 29.3. To see InvestorsObserver's Sentiment Score for S&P Global Inc click here.

More About S&P Global Inc

S&P Global provides data and benchmarks to capital and commodity market participants. In 2021 and excluding IHS Markit, S&P Ratings was over 45% of the firm's revenue and over 55% of the firm's operating income. S&P Ratings is the largest credit rating agency in the world. The firm's other segments include Market Intelligence, Indexes, and Platts. Market Intelligence provides desktop tools and other data solutions to investment banks, corporations, and other entities. Indexes provides benchmarks for financial markets and is monetized through subscriptions, asset-based fees, and transaction-based royalties. Platts provides benchmarks to commodity markets, principally petroleum. Click Here to get the full Stock Report for S&P Global Inc stock.