VivoPower International PLC (VVPR) stock has risen 10.10% over the past week and gets a Bullish rating from InvestorsObserver's 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.
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 VVPR Stock Today?
VivoPower International PLC (VVPR) stock is trading at $1.09 as of 11:07 AM on Wednesday, Jun 3, a rise of $0.10, or 10.22% from the previous closing price of $0.99. Volume today is more active than usual. So far 2,722,802 shares have traded compared to average volume of 200,561 shares. The stock has traded between $1.05 and $1.56 so far today.
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More About VivoPower International PLC
Vivopower International PLC is a solar power company. The company aggregates small and medium-sized photovoltaic solar projects underpinned by long-term power purchasing agreements; arranges corporate and project financing, engineering design, and equipment procurement, and manages the build-out of such solar PV projects for asset owners. It operates its business through three operating segments: Solar Development, Critical Power Services, and Corporate Office. Most of the firm's revenue gets generates through Critical Power Services segment which consists of design, supply, installation, and maintenance of power and control systems.
