Arcimoto Inc (FUV) stock is higher by 7.03% as the EV stock increases $0.08 and outperforms the market The market has been high on Arcimoto Inc (FUV) stock recently. FUV gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.
Arcimoto Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on FUV!
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 FUV Stock Today?
Arcimoto Inc (FUV) stock is trading at $1.16 as of 10:19 AM on Wednesday, Nov 29, an increase of $0.08, or 7.03% from the previous closing price of $1.08. The stock has traded between $1.14 and $1.24 so far today. Volume today is more active than usual. So far 205,370 shares have traded compared to average volume of 135,464 shares.
More About Arcimoto Inc
Arcimoto, Inc. designs, develops, manufactures, sells, and rents three-wheeled electric vehicles in the United States. Its flagship product is the Fun Utility Vehicle (FUV) that delivers a thrilling ride experience for two passengers with cargo, parking, and operation. The company's products also comprise Rapid Responder designed to perform emergency, security, and law enforcement services; Deliverator, an electric last-mile delivery solution; Cameo, an FUV equipped with a rear-facing rear seat and a modified roof built for on-road filming; and Arcimoto Roadster, an unparalleled pure-electric on-road thrill machine. The company was formerly known as WTP Incorporated and changed to Arcimoto, Inc. in 2011. Arcimoto, Inc. was incorporated in 2007 and is headquartered in Eugene, Oregon.
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