The market has been neutral on Urban One Inc Class A (UONE) stock recently. UONE gets a Neutral score from InvestorsObserver's Stock Sentiment Indicator.
Urban One Inc Class A has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on UONE!
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.
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 UONE Stock Today?
Urban One Inc Class A (UONE) stock has fallen -0.77% while the S&P 500 has gained 1.69% as of 9:39 AM on Monday, May 11. UONE has fallen -$0.01 from the previous closing price of $1.30 on volume of 6,101 shares. Over the past year the S&P 500 has risen 4.19% while UONE has fallen -34.52%. UONE earned $0.02 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 66.84.
To see InvestorsObserver's Sentiment Score for Urban One Inc Class A click here.
