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 GOED Stock Today?
1847 Goedeker Inc (GOED) stock is unchanged 0.41% while the S&P 500 is higher by 0.75% as of 11:43 AM on Wednesday, Jul 20. GOED is flat $0.00 from the previous closing price of $1.22 on volume of 806,033 shares. Over the past year the S&P 500 has fallen -6.86% while GOED has fallen -59.80%. GOED earned $0.20 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 6.15.
To see InvestorsObserver's Sentiment Score for 1847 Goedeker Inc click here.
More About 1847 Goedeker Inc
1847 Goedeker Inc is an e-commerce destination for home furnishings, appliances, furniture, home goods, and related products. It sells various products such as refrigerators, ranges, ovens, dishwashers, microwaves, freezers, washers, and dryers. The firm's brand portfolio consists of Bosch, Whirlpool, GE, Maytag, LG, Samsung, Sharp, and Kitchen Aid, among others.
Click Here to get the full Stock Report for 1847 Goedeker Inc stock.
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