Overall market sentiment has been high on Gamida Cell Ltd (GMDA) stock lately. GMDA receives a Bullish rating from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
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 GMDA Stock Today?
Gamida Cell Ltd (GMDA) stock has fallen -12.86% while the S&P 500 has gained 0.02% as of 11:14 AM on Tuesday, Dec 8. GMDA is lower by -$1.40 from the previous closing price of $10.89 on volume of 1,381,771 shares. Over the past year the S&P 500 is up 17.75% while GMDA has gained 99.79%. GMDA lost -$1.17 per share in the over the last 12 months.
To see InvestorsObserver's Sentiment Score for Gamida Cell Ltd click here.
More About Gamida Cell Ltd
Gamida Cell Ltd is a biopharmaceutical company involved in developing advanced cell therapies with the potential to cure cancer and rare, serious hematologic diseases. The company's product includes NiCord that is a cell therapy based on NAM-expanded cord blood designed to enhance and expand the life-saving benefits of hematopoietic stem cell transplant. It is also developing GDA-201 which is innate immunotherapy of expanded natural killer cells, for the treatment of refractory non-Hodgkin lymphoma and multiple myeloma. It is developing a diverse pipeline of cell therapies using its proprietary NAM technology that has the potential to bring life-saving treatment options to patients.
Click Here to get the full Stock Score Report on Gamida Cell Ltd (GMDA) Stock.
