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Is Angi Inc (ANGI) Stock About to Get Hot Tuesday?

Tuesday, May 24, 2022 01:59 PM | InvestorsObserver Analysts
Is Angi Inc (ANGI) Stock About to Get Hot Tuesday?

Overall market sentiment has been neutral on Angi Inc (ANGI) stock lately. ANGI receives a Neutral rating from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,neutral
Angi Inc has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on ANGI!

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. 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 ANGI Stock Today?

Angi Inc (ANGI) stock is trading at $4.59 as of 1:47 PM on Tuesday, May 24, a drop of -$0.41, or -8.3% from the previous closing price of $5.00. The stock has traded between $4.54 and $4.85 so far today. Volume today is light. So far 357,416 shares have traded compared to average volume of 2,001,476 shares. To see InvestorsObserver's Sentiment Score for Angi Inc click here.

More About Angi Inc

Angi Inc connects quality home service professionals across different categories, from repairing and remodeling to cleaning and landscaping, with consumers. It has two geographical segments namely North America (the United States and Canada), which primarily includes the operations HomeAdvisor, Angie's List, Handy, mHelpDesk, HomeStars, and Fixd Repair; and Europe, which includes the operations of Travaux, MyHammer, MyBuilder, Werkspot, and Instapro. The company generates maximum revenue from the North American segment. Click Here to get the full Stock Report for Angi Inc stock.

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