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Is it Time to Dump Yext Inc (YEXT) Stock After it Is Down 1.78% in a Week?

Monday, October 16, 2023 12:23 PM | InvestorsObserver Analysts

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Is it Time to Dump Yext Inc (YEXT) Stock After it Is Down 1.78% in a Week?

Yext Inc (YEXT) stock is down 1.78% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

Sentiment Score - ,bearish
Yext Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on YEXT!

What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With YEXT Stock Today?

Yext Inc (YEXT) stock is trading at $6.07 as of 12:23 PM on Monday, Oct 16, a rise of $0.20, or 3.32% from the previous closing price of $5.88. The stock has traded between $5.88 and $6.07 so far today. Volume today is less active than usual. So far 350,891 shares have traded compared to average volume of 1,562,886 shares. To see InvestorsObserver's Sentiment Score for Yext Inc click here.

More About Yext Inc

Yext Inc provides a knowledge engine platform that lets businesses manage their digital knowledge in the cloud and sync it to approximately 200 services including Apple Maps, Bing, Cortana, Facebook, Google, Google Maps, Instagram, Siri and Yelp. Digital knowledge is the structured information that a business wants to make publicly accessible. The company also makes search intelligent by helping to provide precise, accurate and current answers to location-based queries that are conducted across the web and mobile applications and voice and artificial intelligence, or AI, engines. The company derives its revenues primarily from subscription services. Click Here to get the full Stock Report for Yext Inc stock.

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