Overall market sentiment has been high on Akoustis Technologies Inc (AKTS) stock lately. AKTS receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.
Akoustis Technologies Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on AKTS!
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 AKTS Stock Today?
Akoustis Technologies Inc (AKTS) stock is flat 0% while the S&P 500 has gained 0.71% as of 1:50 PM on Thursday, Jan 26. AKTS is unchanged $0.00 from the previous closing price of $3.42 on volume of 354,173 shares. Over the past year the S&P 500 is down -7.16% while AKTS is lower by -33.33%. AKTS lost -$1.18 per share in the over the last 12 months.
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More About Akoustis Technologies Inc
Akoustis Technologies Inc is an emerging commercial product company focused on developing, designing, and manufacturing innovative RF filter solutions for the wireless industry, including for products such as smartphones and tablets, network infrastructure equipment, WiFi Customer Premise Equipment and defense applications. The company has developed a proprietary microelectromechanical system based bulk acoustic wave technology and a unique manufacturing process flow, called XBAW, for filters produced for use in RFFE modules. The company derives revenue from the sale of filter products under individual customer purchase orders, some of which have underlying master sales agreements that specify terms governing the product sales.
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