Is Conn's Inc (CONN) a Stock to Watch After Losing -12.59% This Week?

Conn's Inc (CONN) stock is lower by 12.59% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

Conn's Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on CONN!

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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. 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 CONN Stock Today?

Conn's Inc (CONN) stock is trading at $3.54 as of 10:16 AM on Tuesday, Aug 29, a rise of $0.10, or 2.91% from the previous closing price of $3.44. The stock has traded between $3.40 and $3.61 so far today. Volume today is less active than usual. So far 24,440 shares have traded compared to average volume of 108,681 shares.

More About Conn's Inc

Conn's Inc is a United-States-based specialty retailer primarily engaged in the sale of durable consumer goods and related services. The company operates through two segments. The retail segment sells a broad range of merchandise, including furniture and mattress products, home appliances, consumer electronics, and home office products. The credit segment provides credit solutions for credit constrained consumers based on customer risk and income level. A material portion of the company's customers finance purchases through its credit segment. The company focuses its business in the U.S., and generates most of its revenue from the retail segment. Click Here to get the full Stock Report for Conn's Inc stock.