Brickell Biotech Inc (BBI) stock has gained 22.73% over the past week and gets a Bullish rating from InvestorsObserver's Sentiment Indicator.
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 BBI Stock Today?
Brickell Biotech Inc (BBI) stock has risen 11.57% while the S&P 500 has fallen -0.26% as of 11:54 AM on Friday, Jan 22. BBI has risen $0.14 from the previous closing price of $1.21 on volume of 4,291,937 shares. Over the past year the S&P 500 has gained 15.69% while BBI has fallen -14.01%. BBI lost -$2.40 per share in the over the last 12 months.
To see InvestorsObserver's Sentiment Score for Brickell Biotech Inc click here.
More About Brickell Biotech Inc
Brickell Biotech Inc is a United States-based clinical-stage pharmaceutical company focused on developing therapeutics for the treatment of skin diseases. Its pipeline consists of therapeutics for Hyperhidrosis, Cutaneous T-cell lymphoma, Psoriasis, and Other prevalent severe skin diseases. The company's pipeline products include Sofpironium Bromide, BBI-3000 and BBI-6000 among others.
Click Here to get the full Stock Score Report on Brickell Biotech Inc (BBI) Stock.
