Is Apollo Endosurgery Inc (APEN) Stock About to Get Hot Friday?

Friday, February 03, 2023 03:26 PM | InvestorsObserver Analysts

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Is Apollo Endosurgery Inc (APEN) Stock About to Get Hot Friday?

The market has been high on Apollo Endosurgery Inc (APEN) stock recently. APEN gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Apollo Endosurgery Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on APEN!

See Full APEN Report

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. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With APEN Stock Today?

Apollo Endosurgery Inc (APEN) stock has risen 0.3% while the S&P 500 has fallen -1% as of 3:25 PM on Friday, Feb 3. APEN has risen $0.03 from the previous closing price of $9.93 on volume of 1,181,986 shares. Over the past year the S&P 500 has fallen -9.83% while APEN has risen 85.82%. APEN lost -$1.02 per share in the over the last 12 months. To see InvestorsObserver's Sentiment Score for Apollo Endosurgery Inc click here.

More About Apollo Endosurgery Inc

Apollo Endosurgery Inc is active in the healthcare sector based in the United States. As a developer of medical devices, Apollo focuses on addressing obesity, as well as other gastrointestinal disorders. Its products are used by general surgeons, bariatric surgeons and gastroenterologists in a variety of settings to provide interventional therapy to patients who suffer from obesity. The company's products include the OverStitch Endoscopic Suturing System, X-Tack Endoscopic HeliX Tacking System, and the Orbera Intragastric Balloon System. Click Here to get the full Stock Report for Apollo Endosurgery Inc stock.