The market has been high on Sterling Construction Company, Inc. (STRL) stock recently. STRL gets a Bullish score from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.
As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.
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 STRL Stock Today?
Sterling Construction Company, Inc. (STRL) stock is trading at $19.84 as of 3:19 PM on Wednesday, Mar 3, a drop of -$3.35, or -14.44% from the previous closing price of $23.19. The stock has traded between $19.20 and $23.48 so far today. Volume today is elevated. So far 1,172,524 shares have traded compared to average volume of 295,602 shares.
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More About Sterling Construction Company, Inc.
Sterling Construction Co Inc is a construction company specializes in heavy civil infrastructure construction and infrastructure rehabilitation as well as residential construction projects. The company operates in three reportable segments namely, Heavy Civil, Specialty Services and Residential. Heavy civil construction projects include highways, roads, bridges, airfields, ports, light rail, and others. Residential construction projects include concrete foundations for single-family homes. Specialty Services includes the services which are provided to the large, blue-chip companies in the e-commerce, data center, distribution center, and warehousing, energy, mixed-use, and multi-family sectors. The majority of the revenue is generated from the Heavy Civil segment.
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