Overall market sentiment has been down on Siriuspoint Ltd (SPNT) stock lately. SPNT receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.
Siriuspoint Ltd has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on SPNT!
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.
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 SPNT Stock Today?
Siriuspoint Ltd (SPNT) stock has fallen -1.58% while the S&P 500 has risen 2.14% as of 1:31 PM on Thursday, May 26. SPNT is down -$0.09 from the previous closing price of $5.70 on volume of 389,319 shares. Over the past year the S&P 500 has fallen -2.97% while SPNT is down -46.16%. SPNT lost -$2.39 per share in the over the last 12 months.
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More About Siriuspoint Ltd
SiriusPoint Ltd provides property and casualty reinsurance coverage to insurance and reinsurance companies in the United States, Bermuda, the United Kingdom, and Europe. The company operates through two operating segments: Reinsurance and Insurance & Services. The company's product portfolio consists of reinsurance contracts for property insurances including both residential and commercial properties, workers' compensation, personal automobile, businesses' general liability insurance, professional liability insurance to protect professional advisors and service providers, agriculture insurance, and mortgage insurance.
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