Live Ventures Inc (LIVE) stock is down 8.37% over the past week and gets a Bearish rating from InvestorsObserver's Sentiment Indicator.
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.
Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor.
InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon.
The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.
What's Happening With LIVE Stock Today?
Live Ventures Inc (LIVE) stock has fallen -6.51% while the S&P 500 has risen 0.14% as of 2:34 PM on Monday, Jan 25. LIVE is lower by -$1.25 from the previous closing price of $19.20 on volume of 43,620 shares. Over the past year the S&P 500 has risen 18.59% while LIVE has risen 137.12%. LIVE earned $3.09 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 5.81.
To see InvestorsObserver's Sentiment Score for Live Ventures Inc click here.
More About Live Ventures Inc
Live Ventures Inc is a holding company for diversified businesses. It is focused on to acquire and operate profitable companies in various industries. The company operates in the business segments of Manufacturing, Retail and Online, and Services. It derives key revenue from the Manufacturing segment which includes the manufacturing of carpets and rugs, yarn products, as well as a reseller of hard surface flooring products. Geographically the activities are carried out throughout the United States.
Click Here to get the full Stock Score Report on Live Ventures Inc (LIVE) Stock.
