Is it Time to Dump World Acceptance Corp. (WRLD) Stock After it Is Down 21.98% in a Week?

Overall market sentiment has been down on World Acceptance Corp. (WRLD) stock lately. WRLD receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.

World Acceptance Corp. has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on WRLD!

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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. 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 WRLD Stock Today?

World Acceptance Corp. (WRLD) stock is down -10.05% while the S&P 500 is up 0.52% as of 1:05 PM on Monday, Oct 23. WRLD is down -$11.19 from the previous closing price of $111.39 on volume of 42,258 shares. Over the past year the S&P 500 has gained 11.82% while WRLD is down -1.44%. WRLD earned $9.34 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 10.73. To screen for more stocks like World Acceptance Corp. click here.

More About World Acceptance Corp.

World Acceptance Corp operates a small-loan consumer finance business. The company offers short-term small installment loans, medium-term larger installment loans, related credit insurance and ancillary products and services to individuals. It also offers income tax return preparation services to its loan customers and other individuals. Click Here to get the full Stock Report for World Acceptance Corp. stock.