Overall market sentiment has been high on Mammoth Energy Services Inc (TUSK) stock lately. TUSK receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.
Mammoth Energy Services Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on TUSK!
When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment.
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 TUSK Stock Today?
Mammoth Energy Services Inc (TUSK) stock is up 14.29% while the S&P 500 is down -0.42% as of 10:30 AM on Tuesday, Mar 8. TUSK has gained $0.28 from the previous closing price of $1.96 on volume of 1,778,674 shares. Over the past year the S&P 500 is up 9.48% while TUSK is down -60.98%. TUSK lost -$2.16 per share in the over the last 12 months.
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More About Mammoth Energy Services Inc
Mammoth Energy Services Inc is an integrated, growth-oriented energy service company serving companies engaged in the exploration and development of North American onshore unconventional oil and natural gas reserves. The company segments include Infrastructure, Well Completion, Sand, Drilling and All Other. The company derived revenue from United States, Puerto Rico and Canada.
Click Here to get the full Stock Report for Mammoth Energy Services Inc stock.
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