The market has been high on Hippo Holdings Inc (HIPO) stock recently. HIPO gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.
Hippo Holdings Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on HIPO!
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.
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 HIPO Stock Today?
Hippo Holdings Inc (HIPO) stock is trading at $1.67 as of 1:33 PM on Monday, May 16, an increase of $0.04, or 2.78% from the previous closing price of $1.62. The stock has traded between $1.57 and $1.74 so far today. Volume today is 1,819,713 compared to average volume of 1,860,332.
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More About Hippo Holdings Inc
Hippo Holdings Inc is a home insurance group that created a new standard of care and protection for homeowners. It provides insurance for computers, home offices, electronics, appliances, water backup, service line coverage, among others.
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