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Is Cutera, Inc. (CUTR) Stock About to Get Hot Friday?

Friday, November 24, 2023 01:25 PM | InvestorsObserver Analysts

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Is Cutera, Inc. (CUTR) Stock About to Get Hot Friday?

Cutera, Inc. (CUTR) stock has fallen 16.24% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

Sentiment Score - ,bearish
Cutera, Inc. has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on CUTR!

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. 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 CUTR Stock Today?

Cutera, Inc. (CUTR) stock is down -2.97% while the S&P 500 has gained 0.06% as of 1:05 PM on Friday, Nov 24. CUTR has fallen -$0.06 from the previous closing price of $2.02 on volume of 557,255 shares. Over the past year the S&P 500 has gained 13.21% while CUTR has fallen -95.41%. CUTR lost -$3.90 per share in the over the last 12 months.

More About Cutera, Inc.

Cutera Inc is a medical device company. It specializes in the design, development, manufacture, marketing and servicing of laser and other energy based aesthetics systems for practitioners internationally. Its products include enlighten, excel HR, excel V, Xeo and Trusculpt 3D among others. The company markets and sells its products under the trademarks such as Cutera, Acutip, Coolglide, Enlighten, Excel HR, Excel V, Genesis plus, Pico-genesis, Titan, Trusculpt, and Xeo among others. It derives the majority of its revenue from the United States geographic segment. Click Here to get the full Stock Report for Cutera, Inc. stock.

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