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.
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 AXTA Stock Today?
Axalta Coating Systems Ltd (AXTA) stock has fallen -0.44% while the S&P 500 has gained 0.01% as of 12:51 PM on Friday, Sep 29. AXTA is down -$0.12 from the previous closing price of $27.29 on volume of 614,192 shares. Over the past year the S&P 500 is up 15.63% while AXTA has gained 22.94%. AXTA earned $1.03 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 26.5.
To see InvestorsObserver's Sentiment Score for Axalta Coating Systems Ltd click here.
More About Axalta Coating Systems Ltd
Axalta Coating Systems Ltd manufactures, markets and distributes performance coating and transportation coating systems. It operates in two segments. The Performance Coatings segment, which is the key revenue driver, provides liquid and powder coatings solutions to a fragmented and local customer base. Its end-markets include refinish and industrial. The Transportation Coatings segment relates to the provision of coating technologies to original equipment manufacturers of light and commercial vehicles. The company operates in the geographic areas of North America, EMEA countries, Asia-Pacific and Latin America.
Click Here to get the full Stock Report for Axalta Coating Systems Ltd stock.
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