Salesforce Inc (CRM) stock has risen 0.59% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.
Salesforce Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on CRM!
What is Stock Sentiment?
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 CRM Stock Today?
Salesforce Inc (CRM) stock is higher by 0.64% while the S&P 500 is lower by -0.52% as of 9:35 AM on Friday, Sep 30. CRM is higher by $0.94 from the previous closing price of $146.94 on volume of 21,502 shares. Over the past year the S&P 500 is lower by -16.93% while CRM is lower by -45.33%. CRM earned $0.54 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 275.31.
More About Salesforce Inc
Salesforce Inc provides enterprise cloud computing solutions. The company offers customer relationship management technology that brings companies and customers together. Its Customer 360 platform helps the group to deliver a single source of truth, connecting customer data across systems, apps, and devices to help companies sell, service, market, and conduct commerce. It also offers Service Cloud for customer support, Marketing Cloud for digital marketing campaigns, Commerce Cloud as an e-commerce engine, the Salesforce Platform, which allows enterprises to build applications, and other solutions, such as MuleSoft for data integration.
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