Should You Buy Applied DNA Sciences Inc (APDN) Stock After it Is Higher By 26.67% in a Week?

Applied DNA Sciences Inc (APDN) stock is up 26.67% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Applied DNA Sciences Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on APDN!

See Full APDN Report

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. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With APDN Stock Today?

Applied DNA Sciences Inc (APDN) stock is trading at $0.95 as of 12:59 PM on Tuesday, Nov 7, a gain of $0.08, or 9.2% from the previous closing price of $0.87. The stock has traded between $0.92 and $1.10 so far today. Volume today is high. So far 75,144 shares have traded compared to average volume of 30,668 shares. To see InvestorsObserver's Sentiment Score for Applied DNA Sciences Inc click here.

More About Applied DNA Sciences Inc

Applied DNA Sciences Inc is a provider of DNA-based supply chain, anti-counterfeiting, and anti-theft technology. The company provides its products and services under the brand of SigNature DNA, SigNature T DNA, fiberTyping, DNAnet, digitalDNA, SigNify and Beacon. It serves clients in various industries including government/military, security and asset marking, industrial parts, pharmaceuticals, textiles and apparel, and printing and packaging. The company has operational footprints across the United States, Europe, Asia, and others. Key revenue is derived from Americas. Click Here to get the full Stock Report for Applied DNA Sciences Inc stock.