The market has been down on Trupanion Inc (TRUP) stock recently. TRUP gets a Bearish score from InvestorsObserver Stock Sentiment Indicator.
Trupanion Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on TRUP!
What is Stock Sentiment?
In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company.
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 TRUP Stock Today?
Trupanion Inc (TRUP) stock is trading at $97.09 as of 3:09 PM on Wednesday, Jan 19, a drop of -$0.17, or -0.17% from the previous closing price of $97.26. Volume today is below average. So far 296,009 shares have traded compared to average volume of 490,456 shares. The stock has traded between $95.55 and $99.95 so far today.
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More About Trupanion Inc
Trupanion Inc is a specialty insurance products provider in the United States. Its core business is the sale of insurance products tailor-made for pets, especially cats and dogs. The company generates most of its revenue from the subscription fees for the medical insurance plans. The company's medical plan pays most of the actual veterinary costs for the accident and illness claims, has no payout limitations, and can be used to cover the costs incurred at any veterinary practice, emergency care center, or specialty hospital primarily in the United States and in Canada and Puerto Rico. It operates in two business segments: subscription business and other business.
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