CSP Inc. (CSPI) stock is up 48.88% 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.
Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.
InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.
Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.
What's Happening With CSPI Stock Today?
CSP Inc. (CSPI) stock is trading at $13.92 as of 1:14 PM on Tuesday, Jan 19, an increase of $2.78, or 24.96% from the previous closing price of $11.14. The stock has traded between $10.77 and $14.33 so far today. Volume today is above average. So far 45,187 shares have traded compared to average volume of 14,111 shares.
To see InvestorsObserver's Sentiment Score for CSP Inc. click here.
More About CSP Inc.
CSP Inc along with its subsidiaries develop and market IT integration solutions, advanced security products, managed IT services, cloud services, purpose-built network adapters, and high-performance cluster computer systems. The firm operates in two segments namely Technology Solutions and High-Performance Products. It generates a majority of its revenue from the Technology Solutions segment. Geographically, the company generates major revenue from the Americas.
Click Here to get the full Stock Score Report on CSP Inc. (CSPI) Stock.
