The market has been down on GenMark Diagnostics, Inc (GNMK) stock recently. GNMK gets a Bearish 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 GNMK Stock Today?
GenMark Diagnostics, Inc (GNMK) stock is up 0.89% while the S&P 500 is down -0.32% as of 1:29 PM on Tuesday, Oct 13. GNMK is up $0.11 from the previous closing price of $12.31 on volume of 827,679 shares. Over the past year the S&P 500 has risen 18.77% while GNMK is up 138.39%. GNMK lost -$0.56 per share in the over the last 12 months.
To see the top 5 stocks in the Medical Devices industry click here.
More About GenMark Diagnostics, Inc
GenMark Diagnostics Inc is a provider of automated, multiplex molecular diagnostic testing systems that detect and measure DNA and RNA targets to diagnose disease and optimize patient treatment. The company currently operates in one reportable business segment, which encompasses the development, manufacturing, sales, and support of instruments and molecular tests based on its proprietary eSensor detection technology. Its operations and assets are in the United States of America.
Click Here to get the full Stock Score Report on GenMark Diagnostics, Inc (GNMK) Stock.
