Overall market sentiment has been neutral on Spi Energy Co Ltd (SPI) stock lately. SPI receives a Neutral rating from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.
As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.
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 SPI Stock Today?
Spi Energy Co Ltd (SPI) stock is higher by 3.37% while the S&P 500 is lower by -0.81% as of 9:52 AM on Thursday, Jun 3. SPI is up $0.20 from the previous closing price of $5.93 on volume of 398,289 shares. Over the past year the S&P 500 has risen 35.49% while SPI is up 588.76%. SPI lost -$0.41 per share in the over the last 12 months.
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More About Spi Energy Co Ltd
SPI Energy Co Ltd offers photovoltaic solutions for business, residential, government and utility customers and investors. The company provides a range of engineering, procurement and construction services to third-party project developers. It is also engaged in the development, manufacture, and marketing of various PV modules. It procures PV modules and other equipment for project construction from independent suppliers and contracts work to third-party EPC contractors in areas, such as logistics, installation, construction, and supervision.
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