InvestorsObserver
×
News Home

How Will the Market React to Cutera, Inc. (CUTR) Stock Getting a Bearish Rating

Tuesday, November 14, 2023 11:22 AM | InvestorsObserver Analysts

Mentioned in this article

How Will the Market React to Cutera, Inc. (CUTR) Stock Getting a Bearish Rating

Cutera, Inc. (CUTR) stock has fallen 30.16% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

Sentiment Score - ,bearish
Cutera, Inc. has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on CUTR!

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. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With CUTR Stock Today?

Cutera, Inc. (CUTR) stock is trading at $2.13 as of 11:06 AM on Tuesday, Nov 14, a gain of $0.39, or 22.41% from the previous closing price of $1.74. The stock has traded between $1.82 and $2.20 so far today. Volume today is low. So far 797,194 shares have traded compared to average volume of 1,233,778 shares. To screen for more stocks like Cutera, Inc. click here.

More About Cutera, Inc.

Cutera Inc is a medical device company. It specializes in the design, development, manufacture, marketing and servicing of laser and other energy based aesthetics systems for practitioners internationally. Its products include enlighten, excel HR, excel V, Xeo and Trusculpt 3D among others. The company markets and sells its products under the trademarks such as Cutera, Acutip, Coolglide, Enlighten, Excel HR, Excel V, Genesis plus, Pico-genesis, Titan, Trusculpt, and Xeo among others. It derives the majority of its revenue from the United States geographic segment. Click Here to get the full Stock Report for Cutera, Inc. stock.

You May Also Like

Get the InvestorsObserver App

InvestorsObserver App
iOS App Android App