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Do Traders Think Apyx Medical Corp (APYX) Can Keep Climbing Friday?

Friday, November 25, 2022 02:11 PM | InvestorsObserver Analysts

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Do Traders Think Apyx Medical Corp (APYX) Can Keep Climbing Friday?

Apyx Medical Corp (APYX) stock has risen 28.37% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Sentiment Score - ,bullish
Apyx Medical Corp has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on APYX!

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 APYX Stock Today?

Apyx Medical Corp (APYX) stock is higher by 5.23% while the S&P 500 is down -0.03% as of 1:05 PM on Friday, Nov 25. APYX is up $0.09 from the previous closing price of $1.72 on volume of 245,058 shares. Over the past year the S&P 500 is down -14.36% while APYX is down -88.57%. APYX lost -$0.56 per share in the over the last 12 months.

More About Apyx Medical Corp

Apyx Medical Corp is an energy technology medical device company. It specializes in developing, manufacturing, and marketing a range of cosmetic and surgical products and technologies, as well as related medical products used in doctor's offices, surgery centers, and hospitals. Its product offerings comprise Renuvion cosmetic technology, which offers plastic surgeons, facial plastic surgeons, and cosmetic physicians a unique ability to provide controlled heat to the tissue to achieve desired results. The J-Plasma system allows surgeons to operate with a high level of precision and virtually eliminates unintended tissue trauma. It operates in two segments namely: Advanced Energy and Original Equipment Manufacturing (OEM). Its Advanced Energy segment derives the majority of revenue. Click Here to get the full Stock Report for Apyx Medical Corp stock.

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