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.
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 KPLT Stock Today?
Katapult Holdings Inc (KPLT) stock is trading at $13.02 as of 10:20 AM on Wednesday, Nov 8, a rise of $0.97, or 8.05% from the previous closing price of $12.05. The stock has traded between $12.76 and $13.25 so far today. Volume today is 5,295 compared to average volume of 7,011.
More About Katapult Holdings Inc
Katapult Holdings Inc is an omnichannel lease-purchase platform company that provides alternative solutions for retailers and consumers. It is an eCommerce-focused FinTech company offering an innovative lease-purchase solution to consumers and enabling essential transactions at the merchant point of sale. Katapult is associated with hundreds of retailers across the United States.
Click Here to get the full Stock Report for Katapult Holdings Inc stock.
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