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 LLNW Stock Today?
Limelight Networks, Inc. (LLNW) stock has fallen -3.38% while the S&P 500 has gained 0.3% as of 1:34 PM on Tuesday, Nov 2. LLNW is lower by -$0.10 from the previous closing price of $3.11 on volume of 679,077 shares. Over the past year the S&P 500 is higher by 39.80% while LLNW is lower by -17.08%. LLNW lost -$0.41 per share in the over the last 12 months.
To see InvestorsObserver's Sentiment Score for Limelight Networks, Inc. click here.
More About Limelight Networks, Inc.
Limelight Networks Inc provides a 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 the Americas which is the key revenue driver, Europe, Middle East and Africa (EMEA), and the Asia Pacific.
Click Here to get the full Stock Report for Limelight Networks, Inc. stock.
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