Overall market sentiment has been high on ProQR Therapeutics NV (PRQR) stock lately. PRQR receives a Bullish rating from InvestorsObserver's Stock Sentiment Indicator.
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 PRQR Stock Today?
ProQR Therapeutics NV (PRQR) stock is trading at $5.91 as of 10:51 AM on Monday, Mar 22, an increase of $0.27, or 4.79% from the previous closing price of $5.64. The stock has traded between $5.66 and $6.00 so far today. Volume today is 418,803 compared to average volume of 522,693.
To see the top 5 stocks in the Biotechnology industry click here.
More About ProQR Therapeutics NV
ProQR Therapeutics NV is a biopharmaceutical company. It discovers and develops RNA therapeutics for patients with severe genetic rare diseases such as cystic fibrosis, Leber's congenital amaurosis type 10 and dyastrophic epidermolysis bullosa. The company's main product candidates are QR-010, QR-110, and QR-313. Its product pipeline includes QRX-704, QRX-504, QRX-421, QRX-323 etc.
Click Here to get the full Stock Score Report on ProQR Therapeutics NV (PRQR) Stock.
