The market has been high on Westwater Resources Inc (WWR) stock recently. WWR gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.
Westwater Resources Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on WWR!
What is Stock Sentiment?
When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment.
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 WWR Stock Today?
Westwater Resources Inc (WWR) stock is lower by -1.43% while the S&P 500 is up 0% as of 11:29 AM on Thursday, Aug 12. WWR is lower by -$0.06 from the previous closing price of $4.20 on volume of 228,585 shares. Over the past year the S&P 500 has risen 33.42% while WWR is up 95.28%. WWR lost -$1.58 per share in the over the last 12 months.
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More About Westwater Resources Inc
Westwater Resources Inc is an explorer and developer of mineral resources that are materials essential to clean energy production. It holds minerals rights in the Western United States and the Republic of Turkey for both lithium and uranium deposits, as well as licensed production facilities for uranium in Texas. The company operates in three reportable segments, which are uranium, lithium and graphite mining activities, including exploration, standby operations and restoration and reclamation activities.
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