Where Will Akamai Technologies, Inc. (AKAM) Stock Go Next After It Is Higher By 0.55% in a Week?

Akamai Technologies, Inc. (AKAM) stock is up 0.55% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

Akamai Technologies, Inc. has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on AKAM!

See Full AKAM Report

What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. 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 AKAM Stock Today?

Akamai Technologies, Inc. (AKAM) stock is higher by 0.74% while the S&P 500 is lower by -0.32% as of 3:32 PM on Monday, Apr 1. AKAM is up $0.81 from the previous closing price of $108.76 on volume of 535,473 shares. Over the past year the S&P 500 is up 26.98% while AKAM is up 40.69%. AKAM earned $3.52 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 31.09. To see InvestorsObserver's Sentiment Score for Akamai Technologies, Inc. click here.

More About Akamai Technologies, Inc.

Akamai operates a content delivery network, or CDN, which entails locating servers at the edges of networks so its customers, which store content on Akamai servers, can reach their own customers faster, more securely, and with better quality. Akamai has over 325,000 servers distributed over 4,000 points of presence in more than 1,000 cities worldwide. Its customers generally include media companies, which stream video content or make video games available for download, and other enterprises that run interactive or high-traffic websites, such as e-commerce firms and financial institutions. Akamai also has a significant security business, which is integrated with its core web and media businesses to protect its customers from cyber threats. Click Here to get the full Stock Report for Akamai Technologies, Inc. stock.