Novartis AG (NVS) stock has gained 0.28% over the past week and gets a Neutral rating from InvestorsObserver Sentiment Indicator.
Novartis AG has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on NVS!
What is Stock Sentiment?
In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company.
Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor.
InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon.
The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.
What's Happening With NVS Stock Today?
Novartis AG (NVS) stock has fallen -0.34% while the S&P 500 is higher by 0.07% as of 2:32 PM on Tuesday, Oct 12. NVS is down -$0.28 from the previous closing price of $82.34 on volume of 1,009,395 shares. Over the past year the S&P 500 has gained 23.49% while NVS is down -6.99%. NVS earned $3.96 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 20.72.
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More About Novartis AG
Novartis AG develops and manufactures healthcare products through two segments: Innovative Medicines and Sandoz. It generates the vast majority of its revenue from Innovative Medicines segment consisting global business franchises in oncology, ophthalmology, neuroscience, immunology, respiratory, cardio-metabolic, and established medicines. The firm sells its products globally, with the United States representing close to one third of total revenue.
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