Overall market sentiment has been high on RBB Bancorp (RBB) stock lately. RBB receives a Bullish rating from InvestorsObserver's Stock Sentiment Indicator.
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.
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 RBB Stock Today?
RBB Bancorp (RBB) stock is trading at $23.02 as of 3:07 PM on Friday, May 14, a gain of $1.02, or 4.64% from the previous closing price of $22.00. The stock has traded between $21.51 and $23.05 so far today. Volume today is above average. So far 55,084 shares have traded compared to average volume of 36,707 shares.
To see InvestorsObserver's Sentiment Score for RBB Bancorp click here.
More About RBB Bancorp
RBB Bancorp operates as the bank holding company. It provides various banking products and services such as checking, savings, and money market accounts, and certificates of deposits. The company also offers commercial and industrial lines of credit, term loans, mortgage warehouse lines, and international trade discounts, commercial real estate loans, residential construction, commercial construction, and land acquisition and development construction loans, small business administration loans; and single-family residential mortgage loans among others.
Click Here to get the full Stock Score Report on RBB Bancorp (RBB) Stock.
