Is it Time to Dump ShiftPixy Inc (PIXY) Stock After it Is Up 100.00% in a Week?

The market has been neutral on ShiftPixy Inc (PIXY) stock recently. PIXY gets a Neutral score from InvestorsObserver Stock Sentiment Indicator.

ShiftPixy Inc has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on PIXY!

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What is Stock Sentiment?

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 PIXY Stock Today?

ShiftPixy Inc (PIXY) stock is lower by -10.2% while the S&P 500 is up 0.88% as of 10:59 AM on Tuesday, May 17. PIXY has fallen -$0.04 from the previous closing price of $0.44 on volume of 3,457,476 shares. Over the past year the S&P 500 has fallen -2.89% while PIXY has fallen -83.05%. PIXY lost -$1.26 per share in the over the last 12 months. To see InvestorsObserver's Sentiment Score for ShiftPixy Inc click here.

More About ShiftPixy Inc

ShiftPixy (PIXY) provides a disruptive human capital management platform, revolutionizing employment in the Gig Economy by delivering a next-gen mobile engagement technology to help businesses with shift-based employees navigate regulatory mandates, minimize administrative burdens and better connect with a ready-for-hire workforce. With expertise rooted in managementâ??s nearly 25 years of workersâ?? compensation and compliance programs experience, ShiftPixy adds a needed layer for addressing compliance and continued demands for equitable employment practices in the growing Gig Economy. Click Here to get the full Stock Report for ShiftPixy Inc stock.