The market has been down on MICT Inc (MICT) stock recently. MICT gets a Bearish score from InvestorsObserver Stock Sentiment Indicator.
MICT Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on MICT!
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.
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 MICT Stock Today?
MICT Inc (MICT) stock has gained 1.47% while the S&P 500 is down -0.68% as of 11:28 AM on Friday, Sep 17. MICT is higher by $0.02 from the previous closing price of $1.70 on volume of 482,842 shares. Over the past year the S&P 500 is up 31.25% while MICT is down -67.36%. MICT lost -$0.94 per share in the over the last 12 months.
To see InvestorsObserver's Sentiment Score for MICT Inc click here.
More About MICT Inc
MICT Inc operates through an Israel-based company. It develops, manufactures, integrates, and markets rugged computers, tablets, and computer-based systems and instruments for the commercial, defense, and aerospace markets in the United States, Israel, and internationally. The company operates in two segments: Verticals & technology; and Mobile Resource Management (MRM), which generates the majority of revenue. Its geographical segments are the United States, Israel, Europe, China, and Others, of which the majority of its revenue comes from the United States.
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