Overall market sentiment has been down on Bandwidth Inc (BAND) stock lately. BAND receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.
Bandwidth Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on BAND!
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.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What's Happening With BAND Stock Today?
Bandwidth Inc (BAND) stock is trading at $11.42 as of 1:33 PM on Wednesday, Nov 29, a rise of $0.28, or 2.51% from the previous closing price of $11.14. The stock has traded between $11.24 and $11.76 so far today. Volume today is low. So far 177,308 shares have traded compared to average volume of 368,992 shares.
To screen for more stocks like Bandwidth Inc click here.
More About Bandwidth Inc
Bandwidth Inc engages in the business of providing a cloud-based communications platform for enterprises in the United States. The company's solutions consist of software application programming interface for voice and text functionality and its owned and managed purpose-built internet protocol voice network. The segments of the company are Communications Platform-as-a-Service (CPaaS) and Other, of which a majority of the revenue is derived from the CPaaS segment. CPaaS revenue is derived from the provision of voice usage, phone number services, 911-enabled phone number services, messaging services and other services. It has the business presence in the United States and international countries, of which key revenue is derived from the United States.
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