Gan Ltd (GAN) Stock: What Does the Chart Say Wednesday?

Overall market sentiment has been down on Gan Ltd (GAN) stock lately. GAN receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.

Gan Ltd has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on GAN!

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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. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With GAN Stock Today?

Gan Ltd (GAN) stock is trading at $10.44 as of 10:16 AM on Wednesday, Dec 1, a rise of $0.77, or 7.97% from the previous closing price of $9.67. The stock has traded between $10.24 and $10.85 so far today. Volume today is low. So far 168,146 shares have traded compared to average volume of 730,572 shares.

More About Gan Ltd

GAN Ltd provides Software-as-a-Service solutions for online casino gaming and sports betting applications. The company segments include Real money iGaming operations and Simulated iGaming operations. The customers of the company include large regional operators and individual tribal casino operators. Click Here to get the full Stock Report for Gan Ltd stock.