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 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 NETI Stock Today?
Eneti Inc (NETI) stock is lower by -2.86% while the S&P 500 has gained 0.15% as of 1:14 PM on Thursday, Aug 31. NETI is lower by -$0.32 from the previous closing price of $11.17 on volume of 57,347 shares. Over the past year the S&P 500 is higher by 13.43% while NETI has gained 49.66%. NETI lost -$0.55 per share in the over the last 12 months.
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More About Eneti Inc
Eneti Inc is a shipping company. It owns and operates a fleet of modern mid to large-size dry bulk carriers which provide marine transportation for major bulks. The company's operating segment includes Kamsarmax and Ultramax.
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