Overall market sentiment has been high on Kingsway Financial Services Inc (KFS) stock lately. KFS receives a Bullish rating from InvestorsObserver's Stock Sentiment Indicator.
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 KFS Stock Today?
Kingsway Financial Services Inc (KFS) stock is higher by 1.97% while the S&P 500 is lower by -0.84% as of 2:26 PM on Friday, Sep 18. KFS is higher by $0.06 from the previous closing price of $3.04 on volume of 300,091 shares. Over the past year the S&P 500 is up 11.65% while KFS is higher by 21.09%. KFS lost -$0.55 per share in the over the last 12 months.
More About Kingsway Financial Services Inc
Kingsway Financial Services Inc through subsidiaries operates in the extended warranty, asset management, and real estate industries in the United States. It operates through two segments: Extended Warranty and Leased Real Estate. The Extended Warranty segment provides after-market vehicle protection services distributed by credit unions. Its Leased Real Estate segment leases real property to a third party pursuant to a long-term triple net lease. The firm generates maximum revenue from Extended Warranty segment in the form of Service fee and commission income.