Overall market sentiment has been high on Alpha Pro Tech, Ltd. (APT) stock lately. APT receives a Bullish rating from InvestorsObserver's Stock Sentiment Indicator.
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 APT Stock Today?
Alpha Pro Tech, Ltd. (APT) stock is trading at $13.22 as of 3:22 PM on Friday, Jan 22, a decline of -$0.87, or -6.17% from the previous closing price of $14.09. The stock has traded between $13.00 and $14.64 so far today. Volume today is more active than usual. So far 2,408,492 shares have traded compared to average volume of 997,112 shares.
To see InvestorsObserver's Sentiment Score for Alpha Pro Tech, Ltd. click here.
More About Alpha Pro Tech, Ltd.
Alpha Pro Tech Ltd is involved in the business of developing, manufacturing, and marketing of disposable protective apparel, building supply, and infection control products principally in the United States. It operates its business through segment which includes Building Supply, Disposable Protective Apparel and Infection Control. It mainly offers a line of construction supply weatherization products, namely house wrap and synthetic roof underlayment as well as other woven material, different styles of disposable products like shoe covers, bouffant caps, gowns, coveralls, lab coats, frocks and other miscellaneous products. It also provides face masks and eye shields. It generates most of its revenues from the sale of products across the United States.
Click Here to get the full Stock Score Report on Alpha Pro Tech, Ltd. (APT) Stock.
