How Will the Market React to ADDvantage Technologies Group, Inc. (AEY) Stock Getting a Bearish Rating

Wednesday, February 07, 2024 02:31 PM | InvestorsObserver Analysts

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How Will the Market React to ADDvantage Technologies Group, Inc. (AEY) Stock Getting a Bearish Rating

ADDvantage Technologies Group, Inc. (AEY) stock is down 63.78% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

ADDvantage Technologies Group, Inc. has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on AEY!

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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. 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 AEY Stock Today?

ADDvantage Technologies Group, Inc. (AEY) stock is trading at $0.67 as of 2:28 PM on Wednesday, Feb 7, an increase of $0.05, or 7.52% from the previous closing price of $0.62. The stock has traded between $0.52 and $0.75 so far today. Volume today is more active than usual. So far 3,061,298 shares have traded compared to average volume of 1,594,621 shares. To screen for more stocks like ADDvantage Technologies Group, Inc. click here.

More About ADDvantage Technologies Group, Inc.

Addvantage Technologies Group Inc is a communications infrastructure services and equipment provider operating a diversified group of companies through its Wireless Infrastructure Services and Telecommunications segments. Its Wireless Infrastructure Services segment provides turn-key wireless services including the installation, modification and upgrading of equipment on communication towers and small cell sites for wireless carriers, national integrators, tower owners and major equipment manufacturers. Its Telecommunications segment sell equipment used to acquire, distribute, and protect the communications signals. The Telecommunications segment generates maximum revenue for the company. Click Here to get the full Stock Report for ADDvantage Technologies Group, Inc. stock.