Overall market sentiment has been high on Zovio Inc (ZVO) stock lately. ZVO receives a Bullish rating from InvestorsObserver's Stock Sentiment Indicator.
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 ZVO Stock Today?
Zovio Inc (ZVO) stock is trading at $5.48 as of 3:31 PM on Thursday, Feb 25, a decline of -$0.73, or -11.76% from the previous closing price of $6.21. The stock has traded between $5.02 and $5.84 so far today. Volume today is high. So far 1,489,645 shares have traded compared to average volume of 420,772 shares.
To see InvestorsObserver's Sentiment Score for Zovio Inc click here.
More About Zovio Inc
Zovio Inc is an education technology services company that partners with higher education institutions and employers to deliver solutions to help learners and leaders achieve their aspirations. It has developed tools for faculty and administration. The company's Faculty Management System (FMS) supports faculty onboarding, scheduling, payroll, professional development, faculty credentials, and more.
Click Here to get the full Stock Score Report on Zovio Inc (ZVO) Stock.
