The market has been down on Neurotrope Inc (NTRP) stock recently. NTRP gets a Bearish 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.
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 NTRP Stock Today?
Neurotrope Inc (NTRP) stock is lower by -4.62% while the S&P 500 has risen 0.92% as of 2:03 PM on Thursday, Oct 29. NTRP is down -$0.05 from the previous closing price of $1.08 on volume of 288,093 shares. Over the past year the S&P 500 has gained 8.70% while NTRP has risen 51.47%. NTRP lost -$0.77 per share in the over the last 12 months.
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More About Neurotrope Inc
Neurotrope Inc is a biopharmaceutical company. The company is principally focused on developing a product platform based on a drug candidate called bryostatin for the treatment of Alzheimer's disease ("AD"), which is in the clinical testing stage. It is also developing bryostatin for other neurodegenerative or cognitive diseases and dysfunctions, such as Fragile X and Niemann-Pick Type C, which are in pre-clinical testing.
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