Overall market sentiment has been high on Interpublic Group of Companies Inc (IPG) stock lately. IPG receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.
Interpublic Group of Companies Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on IPG!
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.
Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.
InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.
Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.
What's Happening With IPG Stock Today?
Interpublic Group of Companies Inc (IPG) stock is trading at $32.47 as of 2:26 PM on Friday, Dec 29, a loss of -$0.47, or -1.43% from the previous closing price of $32.94. The stock has traded between $32.35 and $32.95 so far today. Volume today is less active than usual. So far 1,276,868 shares have traded compared to average volume of 3,220,910 shares.
More About Interpublic Group of Companies Inc
Interpublic Group is among the world's largest ad holding companies based on annual revenue. It provides traditional advertising services along with digital and other services such as public relations through various acquisitions. IPG has made these services available in over 100 countries. The company generates more than 75% of its revenue from developed regions such as the United States and Europe.
Click Here to get the full Stock Report for Interpublic Group of Companies Inc stock.
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