Auddia Inc (AUUD) stock is higher by 12.96% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.
Auddia Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on AUUD!
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.
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 AUUD Stock Today?
Auddia Inc (AUUD) stock is trading at $2.79 as of 10:44 AM on Thursday, Oct 28, a gain of $0.24, or 9.41% from the previous closing price of $2.55. The stock has traded between $2.47 and $2.99 so far today. Volume today is high. So far 1,492,958 shares have traded compared to average volume of 458,022 shares.
More About Auddia Inc
Auddia Inc is a technology company that is engaged in radio broadcasts and streaming audio content digitally. Its products include Auddia App which is a subscription-based commercial-free AM/FM software application, and0 Vodacast is an interactive podcasting platform and application. The company generates revenue through subscription fees from customers accessing the company's cloud-based computing services and advertisement services.
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