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.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What's Happening With CYTH Stock Today?
Cyclo Therapeutics Inc (CYTH) stock has risen 18.31% while the S&P 500 has fallen -0.04% as of 10:47 AM on Wednesday, Nov 8. CYTH is up $0.24 from the previous closing price of $1.31 on volume of 128,812 shares. Over the past year the S&P 500 has risen 14.97% while CYTH is up 32.48%. CYTH lost -$1.88 per share in the over the last 12 months.
More About Cyclo Therapeutics Inc
Cyclo Therapeutics Inc is a clinical-stage biotechnology firm. The company develops cyclodextrin-based products for the treatment of disease. Its lead drug candidate, Trappsol Cyclo, treats Niemann-Pick Type C disease (NPC). Its other products include Trappsol HPB, Trappsol Fine Chemical, and Aquaplex.
Click Here to get the full Stock Report for Cyclo Therapeutics Inc stock.
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