InvestorsObserver
×
News Home

Should You Buy Aeye Inc (LIDR) Stock After it Is Up 208.70% in a Week?

Wednesday, August 02, 2023 01:10 PM | InvestorsObserver Analysts

Mentioned in this article

Should You Buy Aeye Inc (LIDR) Stock After it Is Up 208.70% in a Week?

Overall market sentiment has been high on Aeye Inc (LIDR) stock lately. LIDR receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bullish
Aeye Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on LIDR!

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 LIDR Stock Today?

Aeye Inc (LIDR) stock is up 26.45% while the S&P 500 has fallen -1.23% as of 1:10 PM on Wednesday, Aug 2. LIDR has gained $0.15 from the previous closing price of $0.56 on volume of 58,301,805 shares. Over the past year the S&P 500 is higher by 9.75% while LIDR has fallen -68.16%. LIDR lost -$0.62 per share in the over the last 12 months. To see InvestorsObserver's Sentiment Score for Aeye Inc click here.

More About Aeye Inc

AEye Inc is a provider of intelligent, next-generation, adaptive LiDAR for vehicle autonomy, advanced driver-assistance systems (ADAS), and robotic vision applications. Its iDAR (Intelligent Detection and Ranging) system leverages biomimicry and principles from automated targeting applications used by the military to scan the environment, intelligently focusing on what matters, enabling faster, more accurate, and more reliable perception. iDAR is the software configurable LiDAR with integrated deterministic artificial intelligence, delivering industry- leading performance in range, resolution, and speed. Click Here to get the full Stock Report for Aeye Inc stock.

You May Also Like

Get the InvestorsObserver App

InvestorsObserver App
iOS App Android App