Overall market sentiment has been high on Atlanticus Holdings Corp (ATLC) stock lately. ATLC receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.
Atlanticus Holdings Corp has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on ATLC!
Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends.
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 ATLC Stock Today?
Atlanticus Holdings Corp (ATLC) stock is lower by -3.31% while the S&P 500 has gained 0.69% as of 1:46 PM on Tuesday, Oct 19. ATLC has fallen -$2.21 from the previous closing price of $66.84 on volume of 70,964 shares. Over the past year the S&P 500 has risen 31.82% while ATLC has gained 436.79%. ATLC earned $6.29 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 10.31.
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More About Atlanticus Holdings Corp
Atlanticus Holdings Corp invests in the financial services industry. It provides various credit and related financial services and products to or associated with the financially underserved consumer credit market. The operating business segments are Credit and Other Investments, and Auto Finance. In the Credit and Other Investments segment, the company originates consumer loans through multiple channels, including retail point-of-sale, direct mail solicitation, online, and partnerships. The Auto Finance segment purchases and service loans secured by automobiles from or for, and also provide floorplan financing for, a pre-qualified network of independent automotive dealers and automotive finance companies in the buy-here, pay-here, and used car business.
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