Limelight Networks, Inc. (LLNW) stock has risen 15.53% over the past week and gets a Bullish rating from InvestorsObserver's 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.
Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor.
InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon.
The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.
What's Happening With LLNW Stock Today?
Limelight Networks, Inc. (LLNW) stock is higher by 1.75% while the S&P 500 has fallen -0.84% as of 9:53 AM on Friday, Sep 18. LLNW is up $0.10 from the previous closing price of $5.85 on volume of 603,295 shares. Over the past year the S&P 500 has risen 11.65% while LLNW is up 86.52%. LLNW lost -$0.06 per share in the over the last 12 months.
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More About Limelight Networks, Inc.
Limelight Networks Inc provides content delivery network and value-added services, that help content owners improve streaming quality, download speeds, and advertising capabilities. It owns a network of servers that help control the performance and quality of users watching videos and using websites on fixed and mobile networks. Its solution includes Realtime Streaming, IoT and Edge Compute, File Distribution, Web Content Delivery, Live Video, and others. Its product portfolio includes content and video delivery, edge cloud, cloud security, origin storage, and others. Geographically, the company operates in three geographic areas namely Americas which is the key revenue driver, Europe, Middle East and Africa (EMEA) and the Asia Pacific.
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