Overall market sentiment has been high on Sharps Compliance Corp. (SMED) stock lately. SMED receives a Bullish rating from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company.
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 SMED Stock Today?
Sharps Compliance Corp. (SMED) stock is trading at $16.33 as of 1:02 PM on Wednesday, May 12, a decline of -$0.05, or -0.34% from the previous closing price of $16.38. Volume today is 234,432 compared to average volume of 263,496. The stock has traded between $16.26 and $17.07 so far today.
To see InvestorsObserver's Sentiment Score for Sharps Compliance Corp. click here.
More About Sharps Compliance Corp.
Sharps Compliance Corp is a United States-based provider of waste management services including medical, pharmaceutical and hazardous. It offers a range of services including, Sharps Recovery System, TakeAway Medication Recovery System, MedSafe, Route-Based Pickup Service, TakeAway Recycle System, ComplianceTRAC, Universal Waste Ship back Systems and other solutions. It also offers route-based pickup service in regions of the Northeast portion of the United States as well as in Texas and Louisiana.
Click Here to get the full Stock Score Report on Sharps Compliance Corp. (SMED) Stock.
