Overall market sentiment has been high on US Well Services Inc (USWS) stock lately. USWS receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.
US Well Services Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on USWS!
What is Stock Sentiment?
In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company.
Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor.
InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon.
The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.
What's Happening With USWS Stock Today?
US Well Services Inc (USWS) stock is trading at $5.99 as of 2:06 PM on Thursday, Aug 11, a gain of $0.32, or 5.56% from the previous closing price of $5.67. The stock has traded between $5.58 and $6.04 so far today. Volume today is high. So far 188,073 shares have traded compared to average volume of 119,027 shares.
More About US Well Services Inc
U.S. Well Services Inc is an oilfield service provider of well stimulation services to the upstream oil and natural gas industry. The company is engaged in high-pressure hydraulic fracturing in unconventional oil and natural gas basins in the United States. It operates in a single segment, which consists of pressure pumping services.
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