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.
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 GBIO Stock Today?
Generation Bio Co (GBIO) stock is higher by 22.03% while the S&P 500 is down -0.31% as of 2:30 PM on Friday, Mar 8. GBIO is up $0.65 from the previous closing price of $2.95 on volume of 299,435 shares. Over the past year the S&P 500 has gained 28.79% while GBIO is down -11.76%. GBIO lost -$1.96 per share in the over the last 12 months.
More About Generation Bio Co
Generation Bio Co is a genetics medicine company that is focused on creating gene therapies to provide durable and redosable treatments for patients suffering from rare and untreated diseases. The company focuses on liver and retina related diseases.
Click Here to get the full Stock Report for Generation Bio Co stock.
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