Overall market sentiment has been down on MediaAlpha Inc (MAX) stock lately. MAX receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.
MediaAlpha Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on MAX!
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 MAX Stock Today?
MediaAlpha Inc (MAX) stock is up 1.13% while the S&P 500 is lower by -0.27% as of 1:07 PM on Monday, Mar 11. MAX has gained $0.22 from the previous closing price of $19.43 on volume of 107,984 shares. Over the past year the S&P 500 has gained 32.52% while MAX has gained 41.57%. MAX lost -$0.89 per share in the over the last 12 months.
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More About MediaAlpha Inc
MediaAlpha Inc provides a platform that facilitates insurance carriers and distributors target and acquire customers. The company's technology platform brings insurance carriers and consumers together through a real-time, transparent, and results-driven ecosystem. It acts as a customer acquisition channel in the areas of property & casualty insurance, health insurance, and life insurance. The company operates in the United States and generates revenue by earning a fee for each consumer referral sold on its platform.
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