Is Trupanion Inc (TRUP) Stock About to Get Hot Wednesday?

Trupanion Inc (TRUP) stock has fallen 9.81% over the past week and gets a Bearish rating from InvestorsObserver 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!

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What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. 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 TRUP Stock Today?

Trupanion Inc (TRUP) stock is trading at $120.39 as of 10:54 AM on Wednesday, Nov 24, a loss of -$2.62, or -2.13% from the previous closing price of $123.01. The stock has traded between $116.53 and $121.94 so far today. Volume today is below average. So far 200,934 shares have traded compared to average volume of 366,710 shares. To see InvestorsObserver's Sentiment Score for Trupanion Inc click here.

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. Click Here to get the full Stock Report for Trupanion Inc stock.