Blue Apron Holdings, Inc. (APRN) stock has fallen 5.19% over the past week and gets a Bearish rating from InvestorsObserver's Sentiment Indicator.
What is Stock Sentiment?
Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends.
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 APRN Stock Today?
Blue Apron Holdings, Inc. (APRN) stock is up 5.63% while the S&P 500 is lower by -2.37% as of 10:46 AM on Thursday, Sep 24. APRN is higher by $0.35 from the previous closing price of $6.22 on volume of 196,625 shares. Over the past year the S&P 500 has gained 9.11% while APRN is lower by -27.08%. APRN lost -$5.08 per share in the over the last 12 months.
To see InvestorsObserver's Sentiment Score for Blue Apron Holdings, Inc. click here.
More About Blue Apron Holdings, Inc.
Blue Apron Holdings Inc is a United States-based company involved in discovering new recipes, ingredients, and cooking techniques to prepare meals which are sent along with fresh, seasonal ingredients, directly to customers. The company offers its customers two flexible plans, 2?Serving Plan and 4-Serving Plan. Its recipes are accompanied by printed and digital content, including how-to-cook instructions and the stories of its suppliers and specialty ingredients. The company also sells wine, cooking tools, utensils, and pantry items.
Click Here to get the full Stock Score Report on Blue Apron Holdings, Inc. (APRN) Stock.
