The market has been high on Chicken Soup for The Soul Entrtnmnt Inc Class A (CSSE) stock recently. CSSE 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.
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 CSSE Stock Today?
Chicken Soup for The Soul Entrtnmnt Inc Class A (CSSE) stock has risen 9.25% while the S&P 500 is lower by -0.2% as of 3:32 PM on Thursday, Jan 14. CSSE has risen $2.07 from the previous closing price of $22.37 on volume of 120,650 shares. Over the past year the S&P 500 is up 15.81% while CSSE has risen 194.81%. CSSE lost -$3.86 per share in the over the last 12 months.
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More About Chicken Soup for The Soul Entrtnmnt Inc Class A
Chicken Soup for the Soul Entertainment Inc operates streaming video-on-demand networks. The company owns a majority stake in Crackle Plus, a company formed with Sony Pictures Television, which owns and operates a variety of ad-supported and subscription-based VOD networks including Crackle, Popcornflix, Popcornflix Kids, Truli, Pivotshare, Espanolflix, and FrightPix. The company also acquires and distributes video content through its subsidiary and produces original long and short-form content through Landmark Studio Group, its Chicken Soup for the Soul Originals division, and APlus.com. The company's parent company publishes the book series and produces super-premium pet food under the Chicken Soup for the Soul brand name.
