Overall market sentiment has been high on Clipper Realty Inc (CLPR) stock lately. CLPR receives a Bullish rating from InvestorsObserver's Stock Sentiment Indicator.
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.
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 CLPR Stock Today?
Clipper Realty Inc (CLPR) stock is trading at $8.65 as of 2:20 PM on Tuesday, Mar 2, a drop of -$0.14, or -1.59% from the previous closing price of $8.79. Volume today is above average. So far 173,144 shares have traded compared to average volume of 63,803 shares. The stock has traded between $8.50 and $8.77 so far today.
To see InvestorsObserver's Sentiment Score for Clipper Realty Inc click here.
More About Clipper Realty Inc
Clipper Realty Inc is a self-administered and self-managed real estate company. It acquires, owns, manages, operates and repositions multifamily residential and commercial properties in the New York metropolitan area, with a portfolio in Manhattan and Brooklyn. It has classified its reporting segments into commercial and residential rental properties. Clipper derives its revenue mostly from a Residential segment.
Click Here to get the full Stock Score Report on Clipper Realty Inc (CLPR) Stock.
