Overall market sentiment has been down on NTN Buzztime Inc (NTN) stock lately. NTN receives a Bearish rating from InvestorsObserver's Stock Sentiment Indicator.
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.
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 NTN Stock Today?
NTN Buzztime Inc (NTN) stock is trading at $4.13 as of 10:04 AM on Monday, Feb 1, a gain of $0.24, or 6.17% from the previous closing price of $3.89. The stock has traded between $3.92 and $4.72 so far today. Volume today is light. So far 194,000 shares have traded compared to average volume of 1,278,694 shares.
To see InvestorsObserver's Sentiment Score for NTN Buzztime Inc click here.
More About NTN Buzztime Inc
NTN Buzztime Inc delivers interactive entertainment and innovative dining technology to bars and restaurants in North America. It licenses its customizable solution that offers guests trivia, card, sports and single player games, nationwide competitions, and by offering self-service dining features including dynamic menus, touchscreen ordering, and secure payment. The company offers Buzztime Entertainment On Demand (BEOND), a tablet platform. It generates revenue by charging subscription fees for its service to its network subscribers, by leasing equipment to certain network subscribers, by hosting live trivia events, by selling advertising aired on in-venue screens and as part of customized games and by pay-to-play single player games.
Click Here to get the full Stock Score Report on NTN Buzztime Inc (NTN) Stock.
