Verso Corp (VRS) stock is higher by 10.57% over the past week and gets a Bullish rating from InvestorsObserver's 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.
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 VRS Stock Today?
Verso Corp (VRS) stock is trading at $17.37 as of 3:14 PM on Friday, May 14, a gain of $0.26, or 1.52% from the previous closing price of $17.11. The stock has traded between $16.87 and $17.52 so far today. Volume today is high. So far 297,621 shares have traded compared to average volume of 216,871 shares.
To see InvestorsObserver's Sentiment Score for Verso Corp click here.
More About Verso Corp
Verso Corp is a North American producer of printing papers, specialty papers, and pulp. The company produces a wide range of paper products, including coated freesheet, coated groundwood, coated digital, inkjet, supercalendered, and uncoated freesheet. These paper products are used primarily in media and marketing applications, such as catalogs, magazines, advertising brochures, and annual reports. The company also sells kraft pulp, which is used to manufacture tissue products and printing and writing grade paper; however, the group derives the majority of its revenue from its paper products.
Click Here to get the full Stock Score Report on Verso Corp (VRS) Stock.
