Overall market sentiment has been high on Shutterstock Inc (SSTK) stock lately. SSTK receives a Bullish rating from InvestorsObserver's Stock Sentiment Indicator.
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 SSTK Stock Today?
Shutterstock Inc (SSTK) stock is trading at $100.90 as of 1:58 PM on Wednesday, Apr 14, an increase of $1.91, or 1.93% from the previous closing price of $98.99. The stock has traded between $99.34 and $104.57 so far today. Volume today is 226,756 compared to average volume of 290,342.
To see InvestorsObserver's Sentiment Score for Shutterstock Inc click here.
More About Shutterstock Inc
Shutterstock Inc is a U.S.-based company that is primarily engaged in the provision of digital content. The content segment, whose offerings include photographs, illustrations, vector art, video clips, and music tracks, contributes almost all of the company's revenue. Shutterstock's digital content products are marketed under brands including Shutterstock, Bigstock, Offset, Shutterstock Music, and Shutterstock Editorial. Shutterstock is the company's flagship brand and the majority of the company's sales is derived from the company's shutterstock.com website. The company's customers include businesses, marketing agencies, and media organizations. Geographically, North America and Europe jointly account for the majority of the company's revenue.
Click Here to get the full Stock Score Report on Shutterstock Inc (SSTK) Stock.
