Is it Time to Dump Siebert Financial Corp (SIEB) Stock After it Has Risen 6.36% in a Week?

Overall market sentiment has been high on Siebert Financial Corp (SIEB) stock lately. SIEB receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

Siebert Financial Corp has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on SIEB!

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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. 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 SIEB Stock Today?

Siebert Financial Corp (SIEB) stock is trading at $1.84 as of 10:46 AM on Wednesday, Dec 13, an increase of $0.08, or 4.55% from the previous closing price of $1.76. The stock has traded between $1.81 and $1.85 so far today. Volume today is below average. So far 7,929 shares have traded compared to average volume of 12,919 shares.

More About Siebert Financial Corp

Siebert Financial Corp is a holding company. It conducts retail discount brokerage business through its wholly-owned subsidiary. The firm mainly provides online and traditional brokerage and related services to retail investors and also acts as an investment advisor for its subsidiary. The company operates in the securities brokerage and asset management industry. It also engages in Insurance services, Robo-advisory technology, and Prime brokerage business through its subsidiaries. Click Here to get the full Stock Report for Siebert Financial Corp stock.