The market has been down on AMREP Corporation (AXR) stock recently. AXR gets a Bearish score 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 AXR Stock Today?
AMREP Corporation (AXR) stock is trading at $6.18 as of 12:15 PM on Friday, Nov 20, a rise of $0.17, or 2.83% from the previous closing price of $6.01. Volume today is more active than usual. So far 12,333 shares have traded compared to average volume of 4,012 shares. The stock has traded between $6.12 and $6.20 so far today.
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More About AMREP Corporation
Amrep Corp through its subsidiaries is engaged in Real estate business. The Real estate segment includes land sales and lease activities, which involve the obtaining of approvals and the sale of both developed and undeveloped lots to homebuilders, commercial users and others, as well as investments in commercial and investment properties. Geographically, all the activities are carried out through United States.
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