Overall market sentiment has been high on Akouos Inc (AKUS) stock lately. AKUS receives a Bullish rating 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.
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 AKUS Stock Today?
Akouos Inc (AKUS) stock has gained 1.08% while the S&P 500 has fallen -1.5% as of 12:11 PM on Wednesday, May 12. AKUS has risen $0.14 from the previous closing price of $12.98 on volume of 96,352 shares. Over the past year the S&P 500 has risen 35.92% while AKUS has fallen -40.36%. AKUS lost -$2.77 per share in the over the last 12 months.
To see the top 5 stocks in the Biotechnology industry click here.
More About Akouos Inc
Akouos Inc is a genetic medicine company focused on developing gene therapies that restore, improve, and preserve hearing. The company is involved in developing potential genetic medicines for a variety of inner ear disorders.
Click Here to get the full Stock Score Report on Akouos Inc (AKUS) Stock.
