Monaker Group Inc (MKGI) stock is up 42.00% over the past week and gets a Bullish rating from InvestorsObserver's Sentiment Indicator.
What is Stock Sentiment?
Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends.
Recent trends are a good indator 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 MKGI Stock Today?
Monaker Group Inc (MKGI) stock is lower by -8.91% while the S&P 500 has gained 0.62% as of 12:38 PM on Friday, May 29. MKGI is lower by -$0.14 from the previous closing price of $1.56 on volume of 104,774 shares. Over the past year the S&P 500 is up 9.77% while MKGI is lower by -49.65%. MKGI lost -$0.53 per share in the over the last 12 months.
To see the top 5 stocks in the Travel Services industry click here.
More About Monaker Group Inc
Monaker Group Inc is a technology-driven travel and logistics company. It has one operating segment which consists of various products and services related to its online marketplace which includes destination tours or activities, accommodation rental and hotel listings, air and car rental. The company's primary focus is on providing alternative lodging rentals options as well as providing the schedule, pricing and availability information for booking reservations for airlines, hotels, rental cars, cruises and other travel products such as sightseeing tours, show and event tickets and theme park passes. Its products and services consist of search tools and ability to compare, traveler login, security, reviews and ratings, communication and mobile websites and applications.
