Scworx Corp (WORX) stock has risen 24.59% over the past week and gets a Bullish rating from InvestorsObserver's 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.
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 WORX Stock Today?
Scworx Corp (WORX) stock is trading at $2.28 as of 1:03 PM on Tuesday, Feb 2, an increase of $0.21, or 10.14% from the previous closing price of $2.07. The stock has traded between $1.96 and $2.40 so far today. Volume today is elevated. So far 2,817,033 shares have traded compared to average volume of 1,888,189 shares.
To see the top 5 stocks in the Health Information Services industry click here.
More About Scworx Corp
SCWorx Corp is a provider of data content and services related to the repair, normalization and interoperability of information for healthcare providers, as well as big data analytics for the healthcare industry. Its software enables a healthcare provider to simplify and organize its data, allows the data to be utilized across multiple internal software applications and provides the basis for sophisticated data analytics.
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