The market has been high on Broadway Financial Corp (BYFC) stock recently. BYFC gets a Bullish score from InvestorsObserver's Stock 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.
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 BYFC Stock Today?
Broadway Financial Corp (BYFC) stock has fallen -4.02% while the S&P 500 has gained 0.97% as of 1:10 PM on Thursday, Apr 1. BYFC has fallen -$0.10 from the previous closing price of $2.49 on volume of 165,918 shares. Over the past year the S&P 500 is up 55.20% while BYFC has gained 82.44%. BYFC lost $0.00 per share in the over the last 12 months.
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More About Broadway Financial Corp
Broadway Financial Corp is active in the financial services domain. It is a savings and loan holding company in the United States. The Bank's business consists of deposits from the general public and using such deposits, together with borrowings and other funds, to make mortgage loans secured by residential properties and commercial real estate. Its deposits consist of passbook savings accounts, checking accounts, and negotiable order of withdrawal accounts, money market accounts and fixed-term certificates of deposit.
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