Overall market sentiment has been high on Summer Infant, Inc. (SUMR) stock lately. SUMR receives a Bullish rating from InvestorsObserver's Stock Sentiment Indicator.
Summer Infant, Inc. has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on SUMR!
What is Stock Sentiment?
When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment.
Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.
InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.
Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.
What's Happening With SUMR Stock Today?
Summer Infant, Inc. (SUMR) stock is trading at $5.90 as of 12:51 PM on Wednesday, May 27, a rise of $1.03, or 21.15% from the previous closing price of $4.87. The stock has traded between $4.91 and $6.11 so far today. Volume today is more active than usual. So far 71,025 shares have traded compared to average volume of 35,449 shares.
To see InvestorsObserver's Sentiment Score for Summer Infant, Inc. click here.
More About Summer Infant, Inc.
Summer Infant Inc is an infant and juvenile products company. It manufactures juvenile safety and infant care products. The product categories include monitoring, safety, nursery, baby gear, and feeding products. The company markets its products under the Summer Infant, SwaddleMe, and Born Free brand names. The entity sells its products in the United States and other countries, of which a majority of the revenue is derived from the United States.
