Daxor Corporation (DXR) stock is lower by 4.82% over the past week and gets a Bearish rating from InvestorsObserver's Sentiment Indicator.
What is Stock Sentiment?
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.
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 DXR Stock Today?
Daxor Corporation (DXR) stock is lower by -1.99% while the S&P 500 has risen 0.8% as of 9:53 AM on Friday, Oct 9. DXR is down -$0.30 from the previous closing price of $15.32 on volume of 12,596 shares. Over the past year the S&P 500 is higher by 18.07% while DXR has risen 56.03%. DXR lost -$1.16 per share in the over the last 12 months.
To see InvestorsObserver's Sentiment Score for Daxor Corporation click here.
More About Daxor Corporation
Daxor Corp is a diversified closed-ended investment company, with medical instrumentation and biotechnology operations. The company's investment objectives are capital preservation, maintaining returns on capital and generating income from dividends. The firm derives revenue through product sales.
Click Here to get the full Stock Score Report on Daxor Corporation (DXR) Stock.
