Meta Platforms Inc (FB) stock is down 4.39% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.
Meta Platforms Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on FB!
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.
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 FB Stock Today?
Meta Platforms Inc (FB) stock is trading at $189.91 as of 2:08 PM on Friday, May 20, a drop of -$1.38, or -0.72% from the previous closing price of $191.29. The stock has traded between $187.87 and $197.91 so far today. Volume today is low. So far 20,648,545 shares have traded compared to average volume of 34,659,005 shares.
To see InvestorsObserver's Sentiment Score for Meta Platforms Inc click here.
More About Meta Platforms Inc
Meta is the world's largest online social network, with 2.5 billion monthly active users. Users engage with each other in different ways, exchanging messages and sharing news events, photos, and videos. On the video side, the firm is in the process of building a library of premium content and monetizing it via ads or subscription revenue. Meta refers to this as Facebook Watch. The firm's ecosystem consists mainly of the Facebook app, Instagram, Messenger, WhatsApp, and many features surrounding these products. Users can access Facebook on mobile devices and desktops. Advertising revenue represents more than 90% of the firm's total revenue, with 50% coming from the U.S. and Canada and 25% from Europe. With gross margins above 80%, Meta operates at a 30%-plus margin.
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