Overall market sentiment has been down on Arista Networks Inc (ANET) stock lately. ANET receives a Bearish rating 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 ANET Stock Today?
Arista Networks Inc (ANET) stock is up 0.09% while the S&P 500 is lower by -1.58% as of 1:46 PM on Wednesday, Jan 27. ANET is higher by $0.28 from the previous closing price of $307.00 on volume of 683,846 shares. Over the past year the S&P 500 is higher by 16.80% while ANET is higher by 30.77%. ANET earned $8.93 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 34.41.
To screen for more stocks like Arista Networks Inc click here.
More About Arista Networks Inc
Arista Networks is a software and hardware provider for the networking solutions sector. Operating as one business unit, software, switching, and router products are targeted for high-performance networking applications, while service revenue comes from technical support. Customer markets include data centers, enterprises, service providers, and campuses. The company is headquartered in Santa Clara, California, and generates most of its revenue in the Americas. It also sells into Europe, the Middle East, Africa, and Asia-Pacific.
Click Here to get the full Stock Score Report on Arista Networks Inc (ANET) Stock.
