The market has been high on New Senior Investment Group Inc (SNR) stock recently. SNR gets a Bullish score from InvestorsObserver's Stock Sentiment Indicator.
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.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What's Happening With SNR Stock Today?
New Senior Investment Group Inc (SNR) stock is trading at $5.51 as of 3:15 PM on Monday, Nov 23, a rise of $0.31, or 5.96% from the previous closing price of $5.20. The stock has traded between $5.24 and $5.52 so far today. Volume today is 407,320 compared to average volume of 502,409.
More About New Senior Investment Group Inc
New Senior Investment Group Inc is a real estate investment trust that owns a portfolio of senior housing properties located across the United States. The company's properties include independent living properties, assisted living and memory care properties, and care retirement community properties. New Senior Investment Group operates through three segments namely Managed Independent Living, Managed Assisted Living/Memory Care, and Triple Net Lease Properties. It generates maximum revenue from the Managed Independent Living segment.