Is Express Inc (EXPR) a Stock to Watch After Losing -2.97% This Week?

Wednesday, February 28, 2024 02:42 PM | InvestorsObserver Analysts

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Is Express Inc (EXPR) a Stock to Watch After Losing -2.97% This Week?

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

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

See Full EXPR Report

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 EXPR Stock Today?

Express Inc (EXPR) stock is trading at $2.61 as of 2:21 PM on Wednesday, Feb 28, a decline of -$0.17, or -6.12% from the previous closing price of $2.78. The stock has traded between $2.53 and $2.88 so far today. Volume today is below average. So far 162,024 shares have traded compared to average volume of 274,251 shares. To screen for more stocks like Express Inc click here.

More About Express Inc

Express, Inc. is a United States-based specialty apparel retailer. It offers apparel and accessories for work, casual, jeanswear, and going-out. The company also sells the products through its e-commerce website and mobile app, as well as through franchisees who operate company locations in Latin America according to the franchise agreements. It derives revenue from the sales of apparel, accessories and other products, of which a majority of the revenue from the sale of apparel. Click Here to get the full Stock Report for Express Inc stock.