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Should You Buy Angi Inc (ANGI) Stock on Wednesday?

Wednesday, October 05, 2022 02:53 PM | InvestorsObserver Analysts
Should You Buy Angi Inc (ANGI) Stock on Wednesday?

Angi Inc (ANGI) stock is down 2.22% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

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

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. 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 ANGI Stock Today?

Angi Inc (ANGI) stock is trading at $3.08 as of 2:40 PM on Wednesday, Oct 5, a drop of -$0.07, or -2.07% from the previous closing price of $3.14. The stock has traded between $3.00 and $3.22 so far today. Volume today is low. So far 619,554 shares have traded compared to average volume of 1,285,450 shares. To screen for more stocks like Angi Inc click here.

More About Angi Inc

Angi Inc connects quality home service professionals across different categories, from repairing and remodeling to cleaning and landscaping, with consumers. It has two geographical segments namely North America (the United States and Canada), which primarily includes the operations HomeAdvisor, Angie's List, Handy, mHelpDesk, HomeStars, and Fixd Repair; and Europe, which includes the operations of Travaux, MyHammer, MyBuilder, Werkspot, and Instapro. The company generates maximum revenue from the North American segment. Click Here to get the full Stock Report for Angi Inc stock.

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