Do Traders Think Radius Global Infrastructure Inc (RADI) Can Keep Climbing Wednesday?

Wednesday, November 30, 2022 02:24 PM | InvestorsObserver Analysts

Mentioned in this article

Do Traders Think Radius Global Infrastructure Inc (RADI) Can Keep Climbing Wednesday?

Overall market sentiment has been down on Radius Global Infrastructure Inc (RADI) stock lately. RADI receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.

Radius Global Infrastructure Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on RADI!

See Full RADI Report

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. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With RADI Stock Today?

Radius Global Infrastructure Inc (RADI) stock is trading at $12.42 as of 2:23 PM on Wednesday, Nov 30, a gain of $2.32, or 22.97% from the previous closing price of $10.10. The stock has traded between $10.03 and $12.57 so far today. Volume today is elevated. So far 4,239,868 shares have traded compared to average volume of 967,467 shares. To screen for more stocks like Radius Global Infrastructure Inc click here.

More About Radius Global Infrastructure Inc

Radius Global Infrastructure Inc is an international aggregator of rental streams underlying wireless and other communication-related sites through the acquisition of real property interests and contractual rights. The company purchases for a lump sum, the right to receive future rental payments generated pursuant to an existing ground lease or rooftop lease between a property owner and an owner of a wireless tower or antennae. Click Here to get the full Stock Report for Radius Global Infrastructure Inc stock.