Is WideOpenWest Inc (WOW) a Stock to Watch After Gaining 17.37% This Week?

The market has been high on WideOpenWest Inc (WOW) stock recently. WOW gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

WideOpenWest Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on WOW!

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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. 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 WOW Stock Today?

WideOpenWest Inc (WOW) stock is down -0.67% while the S&P 500 is up 0.06% as of 1:00 PM on Friday, Nov 24. WOW has fallen -$0.03 from the previous closing price of $4.49 on volume of 145,227 shares. Over the past year the S&P 500 has gained 13.21% while WOW has fallen -58.89%. WOW lost -$3.15 per share in the over the last 12 months. To screen for more stocks like WideOpenWest Inc click here.

More About WideOpenWest Inc

WideOpenWest Inc is a cable operator and broadband service, provider. The company serves residential, business and wholesale customers in Illinois, Michigan, Indiana, Ohio, Kansas, Tennessee, Maryland, and South Carolina. Its service portfolio consists of high-speed internet, data, voice, cloud, and cable television services. The company operates in one business segment that is Broadband Services. The majority of the revenue is generated from the subscription service revenue received. Click Here to get the full Stock Report for WideOpenWest Inc stock.