The market has been neutral on WISeKey International Holdings ADR (WKEY) stock recently. WKEY gets a WKEY score from InvestorsObserver's Stock Sentiment Indicator.
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.
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 WKEY Stock Today?
WISeKey International Holdings ADR (WKEY) stock is trading at $10.33 as of 12:56 PM on Friday, Feb 12, a rise of $1.45, or 16.33% from the previous closing price of $8.88. The stock has traded between $8.65 and $10.75 so far today. Volume today is elevated. So far 1,659,112 shares have traded compared to average volume of 468,570 shares.
To see InvestorsObserver's Sentiment Score for WISeKey International Holdings ADR click here.
More About WISeKey International Holdings ADR
WISeKey International Holding Ltd is a cybersecurity company focused on delivering integrated security solutions for the Internet of Things (IoT) and digital identity ecosystems. It integrates secure semiconductors, cybersecurity software, and a globally recognized Root of Trust (RoT) into leading-edge products and services that protect users, devices, data and transactions in the internet-connected world. It has two business segments. The IoT segment, which is the key revenue driver, generates revenue from the sale of semiconductor's secure chips. The mPKI segment generates revenues from Digital Certificates, Software as a Service, Software license and Post-Contract Customer Support (PCS) for cybersecurity applications.
Click Here to get the full Stock Score Report on WISeKey International Holdings ADR (WKEY) Stock.
