Overall market sentiment has been high on PulteGroup, Inc. (PHM) stock lately. PHM receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.
PulteGroup, Inc. has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on PHM!
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.
Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive.
InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend.
Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .
What's Happening With PHM Stock Today?
PulteGroup, Inc. (PHM) stock is trading at $46.82 as of 3:18 PM on Monday, Sep 20, a loss of -$1.82, or -3.74% from the previous closing price of $48.64. The stock has traded between $46.78 and $48.31 so far today. Volume today is less active than usual. So far 1,754,443 shares have traded compared to average volume of 2,361,519 shares.
More About PulteGroup, Inc.
PulteGroup Inc is one of the largest homebuilders in the United States, operating in 40 markets across 23 states. The company mainly builds single-family detached homes (85% of unit sales) and offers products to entry-level, move-up, and active-adult buyers. PulteGroup offers homebuyers mortgage financing and title agency services through its financial services segment. The company is headquartered in Atlanta.
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