Overall market sentiment has been high on PDS Biotechnology Corp (PDSB) stock lately. PDSB receives a Bullish rating from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.
As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.
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 PDSB Stock Today?
PDS Biotechnology Corp (PDSB) stock is trading at $3.81 as of 3:18 PM on Tuesday, Feb 2, a rise of $0.19, or 5.25% from the previous closing price of $3.62. The stock has traded between $3.48 and $3.92 so far today. Volume today is more active than usual. So far 665,239 shares have traded compared to average volume of 485,122 shares.
To see InvestorsObserver's Sentiment Score for PDS Biotechnology Corp click here.
More About PDS Biotechnology Corp
PDS Biotechnology Corp operates as a clinical stage biotechnology company, principally involved in drug discovery in the United States. It is primarily engaged in the treatment of various early-stage and late-stage cancers, including head and neck cancer, prostate cancer, breast cancer, cervical cancer, anal cancer, and other cancers. Its products are based on the proprietary Versamune platform technology, which activates and directs the human immune system to unleash a powerful and targeted attack against cancer cells.
Click Here to get the full Stock Score Report on PDS Biotechnology Corp (PDSB) Stock.
