The market has been neutral on $Netflix(NFLX)$ stock recently. NFLX gets a Neutral score fromInvestorsObserverStock Sentiment Indicator.
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 NFLX Stock ?
Netflix Inc (NFLX) stock is down -0.6% while the S&P 500 is up 0.85% . NFLX has fallen -$1.82 from the previous closing price of $305.13 on volume of 952,830 shares. Over the past year the S&P 500 is down -10.67% while NFLX has fallen -19.03%. NFLX earned $9.14 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 33.34.To seeInvestorsObserver'sSentiment Score for Netflix Inc click here.More About Netflix IncNetflix's primary business is a streaming video on demand service now available in almost every country worldwide except China. The firm primarily generates revenue from subscriptions to its eponymous service. Netflix delivers original and third-party digital video content to PCs, internet-connected TVs, and consumer electronic devices, including tablets, video game consoles, Apple TV, Roku, and Chromecast. Netflix is the largest SVOD platform in the world with over 220 million subscribers globally.
source:investorsobserver
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