Overall market sentiment has been high on Cardlytics Inc (CDLX) stock lately. CDLX receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.
Cardlytics Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on CDLX!
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 CDLX Stock Today?
Cardlytics Inc (CDLX) stock has fallen -26.91% while the S&P 500 has risen 0.2% as of 9:35 AM on Tuesday, Mar 26. CDLX is down -$5.45 from the previous closing price of $20.25 on volume of 212,709 shares. Over the past year the S&P 500 has risen 31.45% while CDLX has risen 460.61%. CDLX lost -$3.69 per share in the over the last 12 months.
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More About Cardlytics Inc
Cardlytics Inc operates an advertising platform within financial institutions digital channels, which include online, mobile, email and various real-time notifications. The company operates through three segments, Cardlytics Direct U.S. and U.K., and Bridg platform. The Cardlytics Direct segment which generates majority revenue operates a proprietary native bank advertising channel that enables marketers to reach consumers through their trusted and frequently visited online and mobile banking channels. The Bridg platform generates revenue through the sale of subscriptions to our cloud-based customer-data platform and the delivery of professional services like implementation, onboarding and technical support. Geographically the company receives maximum revenue from the United States.
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