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 GOGO Stock Today?
Gogo Inc (GOGO) stock is higher by 2.59% while the S&P 500 is down -0.04% as of 1:50 PM on Wednesday, Nov 8. GOGO has gained $0.26 from the previous closing price of $10.04 on volume of 502,971 shares. Over the past year the S&P 500 is up 14.97% while GOGO is down -31.10%. GOGO earned $1.19 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 8.66.
To see InvestorsObserver's Sentiment Score for Gogo Inc click here.
More About Gogo Inc
Gogo Inc is a US-based in-flight connectivity system and service provider. The company through its subsidiaries offers aero communications, in-flight broadband, and wireless in-cabin digital entertainment solutions for the aviation industry. Its business segments include; Commercial Aviation North America, Commercial Aviation Rest of World, and Business Aviation. The company offers connectivity and entertainment services to commercial airlines flying routes within North America, satellite-based connectivity and entertainment services to foreign-based commercial airlines and North American-based commercial airlines flying outside North America, and a variety of in-flight Internet connectivity and other voice and data communications products and services.
Click Here to get the full Stock Report for Gogo Inc stock.
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