The market has been neutral on Blue Apron Holdings, Inc. (APRN) stock recently. APRN gets a Neutral score from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment.
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 APRN Stock Today?
Blue Apron Holdings, Inc. (APRN) stock is trading at $7.48 as of 2:29 PM on Thursday, Sep 10, a rise of $0.43, or 6.1% from the previous closing price of $7.05. The stock has traded between $7.15 and $7.86 so far today. Volume today is below average. So far 917,217 shares have traded compared to average volume of 1,376,999 shares.
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More About Blue Apron Holdings, Inc.
Blue Apron Holdings Inc is a United States-based company involved in discovering new recipes, ingredients, and cooking techniques to prepare meals which are sent along with fresh, seasonal ingredients, directly to customers. The company offers its customers two flexible plans, 2?Serving Plan and 4-Serving Plan. Its recipes are accompanied by printed and digital content, including how-to-cook instructions and the stories of its suppliers and specialty ingredients. The company also sells wine, cooking tools, utensils, and pantry items.
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