Overall market sentiment has been high on AFC Gamma Inc (AFCG) stock lately. AFCG receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.
AFC Gamma Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on AFCG!
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.
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 AFCG Stock Today?
AFC Gamma Inc (AFCG) stock has fallen -0.06% while the S&P 500 is up 0.02% as of 3:07 PM on Friday, Dec 2. AFCG is lower by -$0.01 from the previous closing price of $17.60 on volume of 81,114 shares. Over the past year the S&P 500 is down -9.65% while AFCG is lower by -16.56%. AFCG earned $2.08 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 8.43.
More About AFC Gamma Inc
AFC Gamma Inc is a commercial real estate finance company. The company originates, structures, underwrites and manages senior secured loans and other types of loans for established cannabis industry operators in states that have legalized medicinal and/or adult-use cannabis.
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