The market has been high on Knowles Corp (KN) stock recently. KN gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.
Knowles Corp has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on KN!
What is Stock Sentiment?
When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment.
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 KN Stock Today?
Knowles Corp (KN) stock is trading at $17.75 as of 3:59 PM on Friday, May 26, a rise of $0.90, or 5.34% from the previous closing price of $16.85. The stock has traded between $16.92 and $17.76 so far today. Volume today is 691,593 compared to average volume of 702,481.
More About Knowles Corp
Knowles Corp is a provider of advanced micro-acoustic, audio processing, and precision device solutions. It primarily serves the mobile consumer electronics, communications, medical, defense, aerospace, and industrial markets. The business activities of the group are functioned through Audio and PD segments. The Audio segment designs and manufactures innovative audio products, including microphones and balanced armature speakers, audio processors, and software and algorithms used in applications that serve the mobile, ear, and IoT markets, Whereas the PD group specializes in the design and delivery of highly engineered capacitors and RF devices for technically demanding applications. The majority of the revenue is generated from the Audio segment.
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