Overall market sentiment has been neutral on SelectQuote Inc (SLQT) stock lately. SLQT receives a Neutral rating from InvestorsObserver Stock Sentiment Indicator.
SelectQuote Inc has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on SLQT!
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.
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 SLQT Stock Today?
SelectQuote Inc (SLQT) stock is trading at $2.99 as of 1:38 PM on Thursday, May 26, an increase of $0.38, or 14.56% from the previous closing price of $2.61. The stock has traded between $2.61 and $2.99 so far today. Volume today is below average. So far 801,032 shares have traded compared to average volume of 1,842,163 shares.
More About SelectQuote Inc
SelectQuote Inc is a Direct-to-consumer (DTC) distribution platform which facilitates consumers to shop for health, life and auto & home insurance policies online. The company generates its revenues by selling insurance products on behalf of the insurance carrier partners in the form of commission. It functions through three lines namely, SelectQuote Senior, SelectQuote Life, and SelectQuote Auto & Home.
Click Here to get the full Stock Report for SelectQuote Inc stock.
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