The market has been neutral on Sunworks Inc (SUNW) stock recently. SUNW gets a Neutral score 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.
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 SUNW Stock Today?
Sunworks Inc (SUNW) stock is up 15.02% while the S&P 500 is down -0.58% as of 1:28 PM on Friday, Dec 18. SUNW has risen $0.65 from the previous closing price of $4.36 on volume of 6,768,462 shares. Over the past year the S&P 500 is up 15.97% while SUNW has risen 321.01%. SUNW lost -$1.29 per share in the over the last 12 months.
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More About Sunworks Inc
Sunworks Inc provides photovoltaic based power systems for the agricultural, commercial, industrial and residential markets in California, Oregon, Texas, New Mexico, and Nevada. It also provides a full range of installation services including design, system engineering, procurement, permitting, construction, grid connection, warranty, system monitoring, and maintenance. Its subsidiaries designs arrange, finance, integrate, install and manage systems ranging in size from 2 kilowatts for residential loads to multi-megawatt systems for larger commercial projects. The firm derives the majority of its revenue from sales to the commercial and agricultural markets.
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