Do Traders Think StealthGas Inc (GASS) Can Keep Climbing Wednesday?

StealthGas Inc (GASS) stock is higher by 19.49% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

StealthGas Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on GASS!

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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 GASS Stock Today?

StealthGas Inc (GASS) stock is trading at $6.56 as of 12:39 PM on Wednesday, Nov 22, a rise of $0.52, or 8.61% from the previous closing price of $6.04. The stock has traded between $6.09 and $6.59 so far today. Volume today is more active than usual. So far 431,137 shares have traded compared to average volume of 249,054 shares.

More About StealthGas Inc

StealthGas Inc is an international shipping transportation company. It owns liquefied petroleum gas (LPG) pressurized carriers and provides international seaborne transportation services to LPG producers and users, as well as crude oil and product carriers to oil producers, refineries and commodities traders worldwide. The company carriers carry various petroleum gas products in liquefied forms, such as propane, butane, butadiene, isopropane, propylene, and vinyl chloride monomer, which are all byproducts of the production of crude oil and natural gas. Click Here to get the full Stock Report for StealthGas Inc stock.