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.
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 CZOO Stock Today?
Cazoo Group Ltd (CZOO) stock is down -5.67% while the S&P 500 is up 0.26% as of 1:42 PM on Thursday, Jul 21. CZOO is lower by -$0.03 from the previous closing price of $0.57 on volume of 3,943,250 shares. Over the past year the S&P 500 is down -8.16% while CZOO is lower by -94.56%. CZOO lost -$0.86 per share in the over the last 12 months.
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More About Cazoo Group Ltd
Cazoo Group Ltd transforms the car buying experience for consumers across the UK and Europe. It aims to make buying a car an easy experience, where consumers can simply and seamlessly purchase, finance, or subscribe to a car entirely online for either delivery or collection in less time.
Click Here to get the full Stock Report for Cazoo Group Ltd stock.
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