Is it Time to Dump Vimeo Inc (VMEO) Stock After it Is Down 6.99% in a Week?

Friday, April 08, 2022 11:08 AM | InvestorsObserver Analysts

Overall market sentiment has been down on Vimeo Inc (VMEO) stock lately. VMEO receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.

Vimeo Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on VMEO!

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What is Stock Sentiment?

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. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With VMEO Stock Today?

Vimeo Inc (VMEO) stock is down -0.36% while the S&P 500 is up 0.31% as of 11:06 AM on Friday, Apr 8. VMEO is lower by -$0.04 from the previous closing price of $11.21 on volume of 269,076 shares. Over the past year the S&P 500 is up 9.68% while VMEO is lower by -79.69%. VMEO lost -$0.33 per share in the over the last 12 months.

More About Vimeo Inc

Vimeo Inc is the all-in-one video software solution, providing the full breadth of video tools through a software-as-a-service model. The company's comprehensive and cloud-based tools empower its users to create, collaborate and communicate with video on a single, turnkey platform. Click Here to get the full Stock Report for Vimeo Inc stock.