Is Katapult Holdings Inc (KPLT) Stock About to Get Hot Wednesday?

The market has been high on Katapult Holdings Inc (KPLT) stock recently. KPLT gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Katapult Holdings Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on KPLT!

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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. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With KPLT Stock Today?

Katapult Holdings Inc (KPLT) stock is down -29.57% while the S&P 500 is higher by 0.61% as of 3:10 PM on Wednesday, Jul 12. KPLT has fallen -$0.29 from the previous closing price of $0.98 on volume of 1,381,984 shares. Over the past year the S&P 500 is up 15.88% while KPLT has fallen -42.50%. KPLT lost -$0.42 per share in the over the last 12 months.

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.