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Should You Buy Helbiz Inc (HLBZ) Stock on Thursday?

Thursday, June 30, 2022 11:27 AM | InvestorsObserver Analysts

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Should You Buy Helbiz Inc (HLBZ) Stock on Thursday?

Overall market sentiment has been down on Helbiz Inc (HLBZ) stock lately. HLBZ receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bearish
Helbiz Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on HLBZ!

What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. 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 HLBZ Stock Today?

Helbiz Inc (HLBZ) stock is trading at $0.65 as of 11:23 AM on Thursday, Jun 30, a decline of -$0.03, or -4.65% from the previous closing price of $0.68. The stock has traded between $0.64 and $0.70 so far today. Volume today is below average. So far 246,661 shares have traded compared to average volume of 3,064,561 shares. To see InvestorsObserver's Sentiment Score for Helbiz Inc click here.

More About Helbiz Inc

Helbiz Inc provides electric micro-mobility services. The company offers a diverse fleet of vehicles including e-scooters, e-bicycles and e-mopeds all on one convenient, user-friendly platform around the world. Helbiz utilizes a customized, proprietary fleet management platform, artificial intelligence, and environmental mapping to optimize operations and business sustainability. It is expanding its urban lifestyle products and services to include live streaming services (Helbiz Live), food delivery (Helbiz Kitchen), financial services and more, all accessible within its mobile app. Click Here to get the full Stock Report for Helbiz Inc stock.

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