Blink Charging Co (BLNK), a player in the EV market, is higher by 3.44% Thursday as it outperforms the market. Overall market sentiment has been down on Blink Charging Co (BLNK) stock lately. BLNK receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.
Blink Charging Co has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on BLNK!
When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment.
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 BLNK Stock Today?
Blink Charging Co (BLNK) stock is trading at $2.37 as of 9:33 AM on Thursday, Jan 18, an increase of $0.08, or 3.44% from the previous closing price of $2.30. The stock has traded between $2.34 and $2.41 so far today. Volume today is less active than usual. So far 299,407 shares have traded compared to average volume of 11,294,317 shares.
To see InvestorsObserver's Sentiment Score for Blink Charging Co click here.
More About Blink Charging Co
Blink Charging Co is an owner, operator, and provider of electric vehicle (EV) charging services. The company offers both residential and commercial EV charging equipment, enabling EV drivers to easily recharge at various location types. Its principal line of products and services are the Blink EV charging network (the Blink Network) and EV charging equipment (also known as electric vehicle supply equipment), and EV-related services.
Click Here to get the full Stock Report for Blink Charging Co stock.
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