Is Lemonade Inc (LMND) Stock About to Get Hot Monday?

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

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

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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. 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 LMND Stock Today?

Lemonade Inc (LMND) stock is up 0.06% while the S&P 500 has fallen -0.25% as of 12:21 PM on Monday, Mar 11. LMND is up $0.01 from the previous closing price of $17.77 on volume of 1,612,224 shares. Over the past year the S&P 500 has risen 32.56% while LMND is up 29.03%. LMND lost -$3.40 per share in the over the last 12 months. To screen for more stocks like Lemonade Inc click here.

More About Lemonade Inc

Lemonade Inc operates in the insurance industry. The company offers digital and artificial intelligence based platform for various insurances and for settling claims and paying premiums. The platform ensures transparency in issuing policies and settling disputes. Click Here to get the full Stock Report for Lemonade Inc stock.