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Should You Buy Apyx Medical Corp (APYX) Stock After it Is Down 24.86% in a Week?

Monday, March 25, 2024 12:41 PM | InvestorsObserver Analysts

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Should You Buy Apyx Medical Corp (APYX) Stock After it Is Down 24.86% in a Week?

Overall market sentiment has been down on Apyx Medical Corp (APYX) stock lately. APYX receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bearish
Apyx Medical Corp has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on APYX!

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. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With APYX Stock Today?

Apyx Medical Corp (APYX) stock has risen 6.4% while the S&P 500 is down -0.2% as of 12:39 PM on Monday, Mar 25. APYX has risen $0.08 from the previous closing price of $1.25 on volume of 898,032 shares. Over the past year the S&P 500 has risen 31.33% while APYX is down -55.07%. APYX lost -$0.44 per share in the over the last 12 months.

More About Apyx Medical Corp

Apyx Medical Corp is an energy technology medical device company. It specializes in developing, manufacturing, and marketing a range of cosmetic and surgical products and technologies, as well as related medical products used in doctor's offices, surgery centers, and hospitals. Its product offerings comprise Renuvion cosmetic technology, which offers plastic surgeons, facial plastic surgeons, and cosmetic physicians a unique ability to provide controlled heat to the tissue to achieve desired results. The J-Plasma system allows surgeons to operate with a high level of precision and virtually eliminates unintended tissue trauma. It operates in two segments namely: Advanced Energy and Original Equipment Manufacturing (OEM). Its Advanced Energy segment derives the majority of revenue. Click Here to get the full Stock Report for Apyx Medical Corp stock.

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