SciPlay Corp (SCPL) Stock: What Does the Chart Say Wednesday?

Wednesday, September 08, 2021 02:00 PM | InvestorsObserver Analysts

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SciPlay Corp (SCPL) Stock: What Does the Chart Say Wednesday?

SciPlay Corp (SCPL) stock is down 3.10% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

SciPlay Corp has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on SCPL!

See Full SCPL Report

What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. 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 SCPL Stock Today?

SciPlay Corp (SCPL) stock is trading at $18.13 as of 1:27 PM on Wednesday, Sep 8, a decline of -$0.46, or -2.47% from the previous closing price of $18.59. The stock has traded between $17.97 and $18.61 so far today. Volume today is low. So far 233,676 shares have traded compared to average volume of 604,344 shares. To see InvestorsObserver's Sentiment Score for SciPlay Corp click here.

More About SciPlay Corp

SciPlay Corp develops, markets and operates a portfolio of social games played on various mobile and web platforms, including Jackpot Party Casino, Quick Hit Slots, Gold Fish Casino, Hot Shot Casino, Bingo Showdown, MONOPOLY Slots, and 88 Fortunes Slots and a solitaire social game targeted toward casual game players, among others. Its games are available in various formats. The company operates in one segment with one business activity, developing and monetizing social games. Click Here to get the full Stock Report for SciPlay Corp stock.