AYRO Inc (AYRO) stock has risen 4.30% over the past week and gets a Bearish rating from InvestorsObserver's Sentiment Indicator.
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 AYRO Stock Today?
AYRO Inc (AYRO) stock is trading at $2.91 as of 11:57 AM on Friday, Sep 25, an increase of $0.10, or 3.56% from the previous closing price of $2.81. The stock has traded between $2.80 and $2.98 so far today. Volume today is light. So far 511,289 shares have traded compared to average volume of 1,253,715 shares.
To see InvestorsObserver's Sentiment Score for AYRO Inc click here.
More About AYRO Inc
AYRO Inc designs and delivers compact, emissions-free electric fleet solutions for use within urban and short-haul markets. Capable of accommodating a broad range of commercial and consumer requirements, AYRO's vehicles are safe, affordable, efficient and sustainable logistical transportation. Its products are Club Car 411 and AYRO 311.
Click Here to get the full Stock Score Report on AYRO Inc (AYRO) Stock.
