The market has been high on Vir Biotechnology Inc (VIR) stock recently. VIR gets a Bullish score from InvestorsObserver's Stock Sentiment Indicator.
Click Here to get the full Stock Score Report on Vir Biotechnology Inc (VIR) Stock.
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.
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 VIR Stock Today?
Vir Biotechnology Inc (VIR) stock has gained 19.8% while the S&P 500 is lower by -1.41% as of 12:19 PM on Monday, Jan 27. VIR has risen $3.95 from the previous closing price of $19.95 on volume of 1,419,542 shares. Over the past year the S&P 500 is up 9.38% while VIR has risen 70.47%. VIR lost -$1.26 per share in the over the last 12 months.
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